#Sheikh Mohammed bin Rashid Al Maktoum
Egyptian ride-sharing company Swvl announced plans to list on the Nasdaq stock exchange and go public in a merger with special purpose acquisition company Queen’s Gambit Growth Capital, Swvl announced on Tuesday 27 July. This makes Swvl the first Middle East $USD 1.5 billion 'unicorn' to list on Nasdaq US and the largest African unicorn debut on any U.S.-listed exchange, beating Jumia’s debut of $1.1 billion on the NYSE, Tech Crunch reports. The funds will be used to fund expansion…