Luxor Capital

Swvl receives funding boost ahead of Nasdaq SPAC merger + Anghami starts trading

The EBRD is backing Swvl ahead of Nasdaq debut: Egypt-born, UAE-based mass transit app Swvl has new investors on board as it gears up to go public on the Nasdaq via a SPAC merger, the firm announced on Wednesday. The European Bank for Reconstruction and Development (EBRD) and Teklas Ventures, the venture capital arm of…