UAE’s e& to acquire $400mln majority stake in Careem Super App
UAE’s e& has announced the signing of a binding agreement to acquire 50.3 percent stake in a super app managed…
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Careem
Careem to end operations in Qatar
Uber’s Middle Eastern business, Careem, will stop operations in Qatar starting from Tuesday, the company said in a…
Rid-hailing Careem, Uber raise fares after fuel hikes
Ride-sharing firms Uber and Careem announced on Tuesday an increase trip rates as of May 11, in response to the…
Women comprise 42% of Careem Egypt employees
Women comprise 42 percent of the ride-hailing firm Careem Egypt’s total staff, equivalent to 284 female employees,…
Careem pledges to pump more investments in Egypt
Dubai-based ride-hailing service Careem pledged on Sunday it will pump more investments into Egypt, as it announced…
Careem sees recovery in Middle East business after 80% slump due to coronavirus –…
Careem Inc.’s ride-hailing business is seeing a recovery as governments in the Middle East began easing…
Careem Egypt launches Go Hero to offer 50% discount for healthcare workers in Cairo,…
Ride-hailing firm Careem launched on Monday Go Hero service in support for healthcare workers in Egypt against…
Careem to slash workforce by 31%, suspends Careem Bus
Careem, the Dubai-based ride-hailing and delivery company that was acquired by Uber last year, is cutting its…
Careem introduces mobile recharge payment services in Egypt, UAE, Pakistan
Middle East ride-hailing business Careem announced on Thursday the launch of mobile recharge payment services via…
Careem heads to two more Egyptian cities, Marsa Matrouh, Qena
Middle East ride-hailing business Careem announced on Thursday it had launched operations in two more Egyptian…
Ride-hailing firm Careem raises fares in Egypt amid fuel price hikes
Middle East ride-hailing business Careem raised its fares on Friday in Egypt to cope with the government’s latest…
Uber acquires competitor Careem in $3.1 billion deal dominating ride-hailing in Middle…
Global ride-hailing firm Uber Technologies Inc is set to spend $3.1 billion to acquire Middle East rival Careem,…
Uber could announce $3 billion Careem buying deal early this week
Ride hailing service; Uber Technologies will announce its keen to acquire Dubai-based rival Careem Networks FZ as…
Egypt’s court lifts ban on Uber, Careem services
Egypt’s top administrative court on Saturday lifted a ban on operations by ride-hailing companies Uber and Careem,…
Egypt warns Uber of acquiring Careem
The Egyptian Competition Authority (ECA) is warning against a possible merger between ride-sharing services…
Egypt’s Competition Authority warns Uber, Careem against merger deal without…
The Egyptian Competition Authority (ECA) on Monday warned Uber and Careem, the two largest ride hailing companies…
Uber, Careem Egypt licence appeals to be heard today
Uber and Careem will defend their rights to operate in Egypt in court on Saturday, appealing against an…
Careem reportedly plans to spend $150 mln to launch food delivery business
Middle East ride-hailing app Careem is planning to spend up to $150 million to launch its food delivery business as…
Uber, Careem hail Egypt’s new law permitting operations in 2 months
Two prominent ridesharing companies Uber and Careem hailed a new Egyptian law passed on Monday that will permit and…
Egypt’s parliament gives Uber, Careem 6 months to adhere to new law on ride-hailing…
Egyptian parliament has given ride hailing services Uber and Careem six months to adhere to the new law regulating…
Ride-hailing app Careem Egypt unveils breach of customers’ personal data
Popular ride-hailing app Careem announced in a statement on Monday that it discovered a hack into its data system…
Uber, Careem to continue working in Egypt’s pending higher court ruling
A Cairo court of urgent matters ordered on Saturday that the two ride hailing services Uber and Careem are to…
Uber and Careem drivers say Egyptian new law unfair
A number of Uber and Careem drivers described the new law regulating the work of the two companies in Egypt as…
Egypt’s parliament to regulate Uber-like services
The Egyptian House of Representatives has approved in principle a draft law regulating transportation services…
Uber, Careem to file memo against Egypt transport service draft law
Ride-hailing firms Uber and Careem plan to submit a detailed memo to the Egyptian the House of Representatives as…
Egypt’s parliament to discuss Uber, Careem legalization after elections
Undersecretary of the Egyptian Parliament’s Transport Committee Mohammed Abd Allah Zein stated on Sunday that the…
UPDATED: Egypt’s court ban on Uber, Careem may go into effect within weeks
Egypt's administrative court on Tuesday issued an order banning taxi-hailing services Uber and Careem from…
Cairo court bars Uber, Careem from operating in the country
Egypt's administrative court banned on Tuesday taxi-hailing services Uber and Careem from operating in the country.…
Careem Egypt acquires online restaurant listing platform to trial food delivery
Egypt’s transportation app Careem said Sunday it had acquired RoundMenu and would start trialing food delivery…
Careem expanding business in Egypt
Careem, the region’s leading app-based car booking service, continues to support economic growth and innovation in…
China’s Uber rival Didi making a move in Middle East and North Africa
Chinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and North…
Careem has invested $10 million since launching in Egypt: CEO
Careem, the ride-hailing service in the Middle East and North Africa, has injected investments worth $10 million in…
Ride-hailing app Uber increases fare in Egypt after fuel price hike
The San Francisco-based cab-hailing company- Uber increased their fare prices in Egypt early to meet the new rise…
UAE ride-hailing firm Careem acquires stake in Egyptian transport start-up
Ride-hailing firm Careem, a Middle Eastern rival to Uber Technologies Inc, has bought a minority stake in a…
How Careem is creating value across more than 70 cities in MENA region
What is a true indication of a successful company? One that creates value is a common definition, but value in…
Egypt’s Careem mulls new fare scheme with specified increase percentages
Following the recent fuel price increase announced by the Egyptian Cabinet on Thursday, Careem confirms that it…
Careem planning expansion in 6 Egyptian cities
The head of Careem operations in Egypt, Ramy Kato, said that his company is planning to expand in six…
Saudi billionaire Prince Alwaleed buys $62 mln stake in ride-hailing firm Careem
Carmaker Daimler and Saudi Arabia's Kingdom Holding, a firm owned by Saudi billionaire Prince Alwaleed bin Talal,…
Egypt asks Uber, Careem to disclose riders’ data: New York Times
Car booking apps Uber and Careem were allegedly requested by the Egyptian government to disclose real-time user and…
Careem app says closes first part of $500 mln funding round
Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including…