Swvl Holdings shares surge 13.82% after-hours after securing $5.5M UAE contract.
ByAinvest
Monday, Feb 2, 2026 4:58 pm ET1min read
SWVL--
Swvl Holdings surged 13.82% in after-hours trading following the announcement of a new five-year contract worth up to $5.5 million in the UAE. The deal, reported by Reuters on February 2, 2026, signals expanded revenue opportunities for the company in the Middle East, a key market for its ride-hailing services. The second news item, a Yahoo Finance page error, contained no relevant information. The contract win aligns with the stock’s upward movement, reflecting investor optimism over renewed growth prospects.
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