
Swvl and Bank AlJazira Achieve 100,000 Bookings Milestone in Saudi Arabia

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Swvl Holdings Corp and Bank AlJazira have reached a milestone of over 100,000 bookings in Saudi Arabia, highlighting their commitment to sustainable transport solutions in line with Saudi Arabia's Vision 2030. This collaboration has reduced the environmental impact of corporate mobility. Despite this achievement, Swvl's stock is rated as Hold with a $2.50 price target, facing challenges due to negative profitability and high leverage.
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