Swvl
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Opinion
What’s happening with Swvl?
Swvl, an Egyptian ridesharing company, has seen a significant decline in value due to financial struggles, resulting in a 99%…
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News
9 most funded ride-sharing startups in MENA 2022
The shared mobility market in the MENA region is set to expand with a compound annual growth rate of 18.4%…
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News
Swvl lays off 32% of its employees to cut costs
Swvl Mass transit solutions provider will reduce its headcount by approximately 32% “400 employees” to cut central costs and enhance…
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Apps
CoinMENA Raises $9.5M Seed Fund
Bahrain-based CoinMENA has raised $9.5M in its first seed funding round led by BECO Capital, Kenetic, Arab Bank Switzerland, Bunat…
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Africa
Swvl Raises $42 Million for African Expansion
Swvl, an Egypt-based app for booking buses, has raised $42 million as it plans to expand into other African markets,…
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Opinion
Top employee’s defense of Swvl puts basic rights in jeopardy
The Egyptian social media circus is in full power since last week. It all started when few Swvl employees accused…
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Business
Top 5 Egyptian Startups That Raised Money in 2018
2018 was an amazing year for the entrepreneurship ecosystem in Egypt. As 80 startups raised investment, positioning Egypt among the…
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Apps
Egypt-based ride hailing startup ‘Halan’ hits 3-million rides in one year
With over 3-million rides in one year, the on-demand ride hailing app for Tuk-tuk and motorcycle, Halan has dominated the…
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News
Careem Invests $500,000 Stake in ‘SWVL’ Egyptian Transportation Startup
Entrepreneurial spirit is still alive and well in Egypt, as Careem invests $500,000 stake in former employee’s transportation startup SWVL.…
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