{"id":563955,"date":"2021-07-29T04:00:21","date_gmt":"2021-07-29T04:00:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/"},"modified":"2021-07-29T04:00:21","modified_gmt":"2021-07-29T04:00:21","slug":"swvl-spac-deal-dominates-the-foreign-press","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/","title":{"rendered":"Swvl SPAC deal dominates the foreign press"},"content":{"rendered":"

<\/a> Swvl is the talk of the international press this morning:<\/strong> The mass transportation app yesterday announced a USD 345 mn agreement with US blank check firm Queen\u2019s Gambit Growth Capital to go public on the Nasdaq: Reuters<\/a> | Tech Crunch<\/a> | CNBC<\/a>. Check out our story in yesterday\u2019s EnterprisePM here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Swvl is the talk of the international press this morning: The mass transportation app yesterday announced a USD 345 mn agreement with US blank check firm Queen\u2019s Gambit Growth Capital to go public on the Nasdaq: Reuters | Tech Crunch | CNBC. Check out our story in yesterday\u2019s EnterprisePM here.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[72,125,120,439,507],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563955","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-enterpriseam","tag-investment-watch","tag-nasdaq","tag-spacs","tag-swvl","wpautop","entry"],"acf":{"mongo_id":"7c1170d9-90bd-4e52-917d-949b4f7312ad","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563938],"teaser":"","voice_url":""},"yoast_head":"\nSwvl SPAC deal dominates the foreign press - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Swvl SPAC deal dominates the foreign press\" \/>\n<meta property=\"og:description\" content=\"Swvl is the talk of the international press this morning: The mass transportation app yesterday announced a USD 345 mn agreement with US blank check firm Queen\u2019s Gambit Growth Capital to go public on the Nasdaq: Reuters | Tech Crunch | CNBC. Check out our story in yesterday\u2019s EnterprisePM here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-29T04:00:21+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Swvl SPAC deal dominates the foreign press\",\"datePublished\":\"2021-07-29T04:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"investment watch\",\"Nasdaq\",\"SPACs\",\"Swvl\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\",\"name\":\"Swvl SPAC deal dominates the foreign press - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-07-29T04:00:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Swvl SPAC deal dominates the foreign press\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Swvl SPAC deal dominates the foreign press - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/","og_locale":"en_US","og_type":"article","og_title":"Swvl SPAC deal dominates the foreign press","og_description":"Swvl is the talk of the international press this morning: The mass transportation app yesterday announced a USD 345 mn agreement with US blank check firm Queen\u2019s Gambit Growth Capital to go public on the Nasdaq: Reuters | Tech Crunch | CNBC. Check out our story in yesterday\u2019s EnterprisePM here.","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-07-29T04:00:21+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Swvl SPAC deal dominates the foreign press","datePublished":"2021-07-29T04:00:21+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/"},"wordCount":56,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","investment watch","Nasdaq","SPACs","Swvl"],"articleSection":["EGYPT IN THE NEWS"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/","name":"Swvl SPAC deal dominates the foreign press - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-07-29T04:00:21+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/29\/swvl-spac-deal-dominates-the-foreign-press\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Swvl SPAC deal dominates the foreign press"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":656074,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/28\/swvl-secures-sustainable-credit-facility-from-hsbc\/","url_meta":{"origin":563955,"position":0},"title":"Swvl secures sustainable credit facility from HSBC","author":"enterpriseam admin","date":"28 November 2024","format":false,"excerpt":"HSBC will manage Swvl\u2019s banking operations across multiple markets","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2642.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":619470,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/02\/swvl-swings-to-profitability-in-2023\/","url_meta":{"origin":563955,"position":1},"title":"Swvl swings to profitability in 2023","author":"enterpriseam admin","date":"2 May 2024","format":false,"excerpt":"The turnaround comes following a tumultuous year where the startup received two delisting warnings from Nasdar","rel":"","context":"In "EARNINGS WATCH"","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/83.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624376,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/06\/careem-reportedly-exits-swvl\/","url_meta":{"origin":563955,"position":2},"title":"Careem reportedly exits Swvl","author":"enterpriseam admin","date":"6 September 2018","format":false,"excerpt":"Careem reportedly exits Swvl: Careem has reportedly exited its stake in mass transit app Swvl, Al Mal claims, citing sources close to the transaction. The exit comes as Careem has begun rolling out its own bus hailing service last month, according to the source, who gave no further detail. Careem\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605262,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/26\/swvl-announces-expansion-to-10-cities-in-2019\/","url_meta":{"origin":563955,"position":3},"title":"Swvl announces expansion to 10 cities in 2019","author":"enterpriseam admin","date":"26 December 2018","format":false,"excerpt":"Mass transit app Swvl has announced plans to expand to 10 cities outside Egypt in 2019, beginning with the Philippine capital of Manila and including Nairobi, Dakar, and Jakarta, CEO and co-founder Mostafa Kandil tells Al Mal. We had previously reported that Thai and Vietnamese cities would be added in\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600823,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/11\/halan-ceo-swvl-co-founders-named-in-high-impact-entrepreneurs-network\/","url_meta":{"origin":563955,"position":4},"title":"Halan CEO, Swvl co-founders named in \u201chigh impact entrepreneurs\u201d network","author":"enterpriseam admin","date":"11 February 2019","format":false,"excerpt":"Halan CEO, Swvl co-founders named in \u201chigh impact entrepreneurs\u201d network: Endeavor Egypt has selected tuk-tuk and motorbike ride-hailing app Halan CEO Mounir Nakhla and co-founders of mass transit app Swvl, Ahmed Sabbah, Mahmoud Nouh, and Mostafa Khalil, to join its network of high impact entrepreneurs, according to a statement (pdf).\u2026","rel":"","context":"In "ON YOUR WAY OUT"","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622003,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/swvl-valued-at-usd-100-mn\/","url_meta":{"origin":563955,"position":5},"title":"Swvl valued at USD 100 mn?","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"INVESTMENT WATCH- Swvl valued at USD 100 mn in series \u2018B\u2019 funding round? Mass transit app Swvl raised \u201ctens of mns of USD\u201d in Series \u2018B\u2019 funding from new and existing investors, CEO and co-founder Mostafa Kandil told Reuters on Thursday. While he did not disclose size of the round\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1706.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563955","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=563955"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563955\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/563938"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=563955"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=563955"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=563955"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=563955"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=563955"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}