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Swvl expands tech-driven shuttle services to Saudi Arabia's Bank Albilad, boosting workforce mobility.

Market News
07 Jul 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Swvl Holdings Corp has signed a contract with Bank Albilad to provide technology-enabled shuttle services across the bank's network in Saudi Arabia. This expansion into the banking sector strengthens Swvl's presence in the Kingdom of Saudi Arabia, a key growth market, and aims to improve workforce mobility, service reliability, and cost efficiency using dynamic route planning and real-time dispatching. The move is part of Swvl's broader strategy to grow in high-value enterprise sectors across the Gulf Cooperation Council, supported by recent multi-year contracts in Kuwait, UAE, and healthcare in Saudi Arabia. Swvl plans to continue expanding its technology-driven mobility solutions in the region, targeting long-term contracts that generate predictable revenue.

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