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Logistics (MENA) 
Sawiris-backed firm anchors Swvl’s USD 13 mn strategic raise
The capital injection will help fund the company’s US push and a new lending product
Swvl doubles its GCC revenue and closes in on operating breakeven in 1Q 2026
The firm is still focused on sustainable growth, with net USD retention and recurring revenue improving
Swvl is not dropping off of Nasdaq just yet, as it swings into the black in 2025
The company returned to profitability last year, allowing it to meet Nasdaq’s requirements to remain listed on the exchange
MultiBank introduces CFDs + Swvl secures USD 2 mn pre-funded warrants
Plus: Dragon Oil eyes investments in Iraq
Swvl completes USD 4.7 private placement to fuel US expansion
The startup went through with another private placement in 2022, selling USD 20 mn worth of new shares
Swvl swings to profitability in 2023
The turnaround comes following a tumultuous year where the startup received two delisting warnings from Nasdar