Careem said activity across its platform reflected the impact of the wider regional environment, with fluctuations in demand ...

SAN FRANCISCO/DUBAI (Reuters) - Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly ...

The Middle East could be seeing more and more billion-dollar start-ups in the coming months, according to Mudassir Sheikha, CEO of Careem. "All of a sudden you have top talent choosing to do ...

DUBAI (Reuters) - Ride-hailing service Careem is targeting profitability next year or in 2018 and is in talks with potential investors about its latest fundraising plans, co-founder Mudassir Sheikha ...

Careem Shares Key Customer Trends During Ramadan. Careem Market grocery orders tripled around Suhoor during Ramadan. The ...

The ride-hailing giant Careem is now in the delivery business as the company seeks new verticals in its ever-increasing fight against other services in the Middle East, including Uber. Starting with ...

"Due to a recent region-wide IT disruption, the ADCB Mobile Banking App and Contact Centre services are temporarily ...

Careem, the Middle Eastern ride-hailing service owned by Uber, will suspend its ride-hailing operations in Pakistan on July 18, 2025, due to macroeconomic challenges, intense competition, and global ...

Uber has confirmed it's acquiring its main rival in the Middle East, Careem, for $3.1 billion. The deal is the region's largest ever tech transaction, outside of Israel, according to the Associated ...

Ask most people in the Middle East what Careem is and they would have no doubt: a ride-hailing app. The biggest service of its kind in the Middle East, Careem was acquired by Uber for $3.1 billion in ...

Uber is buying its rival Careem for $3.1 billion, it confirmed Tuesday. The acquisition is a bid for dominance in a fiercely competitive region. Uber CEO Dara Khosrowshahi told employees that Careem ...

Uber completed a $3.1 billion takeover of the Dubai-based ride-hailing app Careem earlier this month. Careem is a wildly popular service only available in 15 countries across the Middle East and North ...