Wamda

U.A.E

Careem suspends operations in Qatar

UAE-based superapp Careem has suspended its operations in Qatar. The Uber-backed app launched its service in Qatar in 2013, a year...

careem

Regional

What is next for Careem's mobility of money?

Careem remains one of the Middle East’s biggest success stories, inspiring a legion of entrepreneurs and generating one of the...

Careem Pay careem Fintech

U.A.E

Careem acquires money transfer technology platform Denarii

UAE-based super app Careem has acquired the assets of Denarii, a Dubai-based money transfer platform. The value of the deal was not...

Careem Pay careem Denarii

U.A.E

Careem acquires food delivery startup MUNCH:ON

UAE-based super app Careem has acquired food delivery subscription platform MUNCH:ON, as it looks to expand its offerings in the food...

Munch:On careem Food delivery

U.A.E

Careem expands its focus to financial services

Careem is shifting its focus from ride-hailing to financial services, in a move that will position the super app as a key fintech...

careem Fintech Careem Pay

Egypt

Careem invests in Egypt’s elmenus

Egypt-based food delivery app elmenus has raised an undisclosed amount of funding from Careem. Founded in 2011 by Amir Allam, elmenus...

careem ElMenus

Saudi Arabia

Uber, Careem face $100 million tax bill in KSA

Uber and its Dubai-based subsidiary Careem are facing a combined tax bill worth $100 million imposed by the Saudi authorities according...

Uber careem Fetcher

U.A.E

The office beckons for Careem

When remote working was imposed on majority of the world’s office workers last year, some embraced it with gusto, while others...

remote working careem

Regional

Careem’s tech drive: Going beyond mobility

When Careem first launched its ride-hailing service, everything was done manually. Sourcing the drivers was done via SMS, user requests...

careem super app

U.A.E

Careem introduces commission-free model for UAE restaurants

UAE-based super app Careem, has introduced a commission-free model for its restaurant partners in a step to relieve the economic impact of...

careem Food delivery commission-free model

Regional

Fenix launches in the UAE after $3.8 million seed round

Fenix, the latest UAE-based micro mobility startup has raised $3.8 million in seed funding. Founded by the former Careem executive...

micromobility Fenix e-scooter

Algeria

temtem launches its super app

Algeria-based mobility startup temtem has launched its super app, temtem one. Founded in 2017 by Kamel Haddar, the app first started off...

Superapp temtem Halan

Global

Endeavor closes third fund with Careem and Property Finder founders among LPs

Source: Endeavor Endeavor Catalyst announced the final closing of Fund III, a $134M venture capital fund through which it...

Endeavor Catalyst Fund careem Property finder

Global

How do you build a company to last?

Mudassir Sheikha and Magnus Olsson founded Careem in 2012 initially as a transportation service for the corporate world. It soon became the...

careem Mudassir Sheikha

Regional

Building a super app for the Middle East

Before smartphones and mobile app stores, the internet was dominated by a handful of web portals that offered their users several services...

super app careem Halan

Regional

Careem invests $50 million in super app

Careem announced the launch of its super app, combining all of its services like ride-hailing and food delivery onto one platform. The Uber...

careem super app

Global

Online food delivery: The disruption heading to destruction

Uber Eats has exited the Middle East, or rather passed the baton onto its wholly-owned regional subsidiary, Careem. The publicly listed...

Food delivery Deliveroo talabat

Regional

Careem cuts more than 500 jobs across all markets

Source: The National Ride-hailing company Careem is shedding 31 per cent of its workforce to offset the impact of...

careem

Regional

Looking back at a decade of entrepreneurship in Mena

This year marks a decade since Yahoo acquired Maktoob, in a deal worth $164 million. It was the first time that a technology company based...

entrepreneurship Yahoo! Maktoob Maktoob

Regional

Beyond the headlines - Careem, regulatory hurdles and Saudisation

A closer look at this week's top news stories Careem Earlier this week, Careem announced a line up of managing directors whose...

careem Uber Saudi Arabia

Qatar

Qatar blocks Uber’s acquisition of Careem in the country

Source: MenaBytes Qatar’s competition authority has blocked Uber’s proposed $3.1 billion acquisition of Careem in...

ride-hailing careem Uber

U.A.E

Dubai halts Uber X and Careem's Go ride options

Source: The National Ride-hailing giant Uber and its UAE-based partner Careem have halted their cheapest ride options in Dubai,...

uae RTA careem

U.A.E

Careem begins its "Chapter Two"

Careem, the UAE-based ride-hailing app which was recently acquired by US-based Uber is only just starting its “second chapter”...

careem Uber

Regional

Careem's sale to Uber and how it affects the Mena startup ecosystem

I would have liked Careem to go public and remain independent because that is how you make the biggest statement about the maturity of the...

careem Uber acquisition

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