Money from the Careem Pay digital wallet can be withdrawn to any UAE bank account, and will soon be directly usable for goods and services beyond the Careem app
Mudassir Sheikha
Latest in Mudassir Sheikha
Arabian Business
Video: Arabian Business Achievement Awards 2019 – Tribute to Mudassir Sheikha
Bassel Al Nahlaoui, MD of Careem, GCC and Pakistan, says humility is one of the key characteristics that helps Mudassir Sheikha stand out from the crowd
Ali Akawi
In pictures: Winners of the Arabian Business Achievement Awards 2019 revealed
The annual Arabian Business Awards 2019 honoured business leaders, a leading international sports star, a successful writer and author and an inspirational programme that mentors entrepreneurs in the Arab world.
Careem
Revealed: what Dubai’s Careem plans to do next
Dubai-based ride hailing platform says it is planning to expand into financial services while growing its on-demand delivery services
Careem
Dubai’s RTA, Careem to launch Hala e-hailing service in September
About 50% of the RTA’s taxi fleet in Dubai will be bookable on the Careem app under new joint venture
Angel Investors
Careem angel investors make 100x return on investment
STC Ventures has made an estimated return of over $200m on total investment in the ride-hailing tech app to be acquired by Uber this year
Careem
Five things to know about the Uber’s $3.1bn acquisition of Careem
The development is being hailed as ‘game-changer’ for the Middle East’s tech and start-up scene. Most observers celebrate it as proof that tech investments in the region are judicious and can lead to a profitable exit.
Careem
Uber, Careem deal set to be completed in 7-8 months
Timeline for $3.1bn ride hailing app acquisition is discussed during meeting between Dubai Deputy Ruler and CEOs of both companies
AQ&P
Careem deal structure shows Uber ‘may be overvalued at IPO’, says Fahim Al Qasimi
Partner at AQ&P urges ‘caution’ over Uber’s $3.1bn acquisition of Dubai ride-hailing app Careem
Careem
Uber confirms $3.1bn Careem acquisition in Q1 2020
The acquisition will see Careem become a wholly-owned subsidiary of Uber but will continue operating as an independent company under the Careem brand
Careem
Careem launches rewards programme for its 33m users
Careem’s rewards programme will offer users two free rides a month if they commute via Careem daily
Careem
RTA partners with Careem on e-hail taxi JV
The new company will see 10,843 taxis exclusively run for a limited period
BR Shetty
Opinion: Behind every great nation are great people
It takes bold, ambitious and relentless men and women to transform a desert country into a globally-recognised powerhouse
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Abu Dhabi Department of Transport
It pays to look after your employees
Ruth Fletcher, the vice president of people at Careem, on how investing in wellbeing makes sound business sense
Al Tayyar Group
Dubai’s Careem secures $200m in new funding round
Dubai ride hailing firm Careem said it will use the funding to expand into mass transportation, deliveries, and payments
Careem
Uber in fresh talks to acquire Dubai-based Careem
Uber’s acquisition of Careem could value the Dubai ride-hailing firm at $2 billion to $2.5 billion
Careem
How Dubai’s Careem is set to create 1 million jobs by end-2018
Mudassir Sheikha, the co-founder and CEO of Careem has turned his ride-hailing service into a regional innovation giant that rivals global giant Uber