10:58 AM EDT, 07/09/2024 (MT Newswires) -- Swvl Holdings ( SWVL ) , which provides technology for enterprise and government mobility services, said Tuesday it secured a contract worth up to $6.3 million from Egyptian telecommunications company e& Egypt.

The contract has a five-year term, the company said.

Shares of Swvl ( SWVL ) were down more than 5% in recent trading.

Price: 6.71, Change: -0.37, Percent Change: -5.28