2026-02-09, 5:05:24 a.m.
DUBAI, United Arab Emirates — February 9, 2026 — Leads & Copy —
Swvl Holdings Corp (Nasdaq: SWVL) has secured a three-year contract valued at up to $1.5 million in the Kingdom of Saudi Arabia (KSA). The agreement marks a significant expansion of its healthcare mobility operations across the Gulf Cooperation Council (GCC).
The contract will support transportation of patients, medical staff, and equipment across healthcare facilities. Swvl’s technology platform will be used to enable dynamic route planning, real-time dispatching, and operational optimization.
Swvl believes the deployment will leverage its technology and operations stack to deliver optimized routing, improved fleet utilization, and real-time performance visibility, enabling healthcare providers to better manage dynamic demand while maintaining predictable service levels.
Mostafa Kandil, Chief Executive Officer at Swvl, said Saudi Arabia represents one of the most strategic growth markets for Swvl in the region. He added that securing the multi-year healthcare contract reflects the growing demand for technology-enabled mobility solutions that can support complex, time-sensitive operations while maintaining safety, reliability, and operational control.
The announcement follows a series of recent multi-year enterprise contract wins by Swvl across the GCC, including an up to $2.2 million contract in Kuwait and an up to $5.5 million contract in the United Arab Emirates. Collectively, these deployments reinforce Swvl’s regional expansion strategy and reflect sustained enterprise demand for technology-enabled, large-scale transportation solutions across high-value GCC markets.
Ahmed Misbah, Chief Financial Officer at Swvl, said the expansion into healthcare across the GCC underscores the versatility and scalability of Swvl’s platform. He added that their focus remains on securing long-term, high-quality contracts that generate predictable revenue while addressing critical operational needs in essential sectors.
Swvl is a technology-driven mobility company providing scalable transportation solutions for enterprises and communities. Through its proprietary platform, Swvl delivers optimized routing, real-time visibility, and operational efficiency across large-scale transportation networks.
With this milestone, Swvl continues to advance its regional expansion strategy, deepening its presence in Saudi Arabia and reinforcing its position as a provider of enterprise-grade, technology-enabled mobility solutions across high-growth GCC markets.
Source: Swvl
