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 ...

Careem, Uber's rival in the Middle East, will eventually go public, but not at this time, Magnus Olsson told CNBC. Olsson said that while an initial public offering would be the ultimate goal, it's ...

Uber has confirmed it is buying its Middle East rival Careem in a $3.1 billion deal. Uber said it would pay $1.4 billion in cash and $1.7 billion in convertible notes as part of the agreement, which ...

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 ...

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-backed ride hailing service Careem announced on Tuesday an end to its operations in Qatar. The surprise announcement, which went into effect immediately on Feb. 28, comes just months after the ...

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 ...

Careem's DineOut has been named the exclusive digital booking partner for Dubai Restaurant Week, the city's most anticipated ...

For the duration of the festival, all reservations across more than 125 participating restaurants will be made through the ...

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 ...