Trukkin Middle East has raised over $3.5 million in its latest funding round as the technology-driven logistics firm looks to scale up its services across the GCC.
Careem acquires UAE-based bikeshare service
Careem has entered the micro-mobility space with the acquisition of Cyacle, a UAE-based bikeshare service.
Bosch inks new partnership to develop fuel cells for electric vehicles
Bosch has partnered with Powercell Sweden AB, the Swedish manufacturer of fuel-cell stacks, to develop polymer-electrolyte membrane (PEM) fuel cell ready for production.
Uber names new GM to lead growth in Saudi Arabia
Uber has appointed Mohammad Bakr Gazzaz as the new General Manager for Saudi Arabia. As part of his role, Gazzaz will focus on closely aligning Uber’s efforts with Saudi Vision 2030.
Etihad Cargo embraces digital to transform cargo management
Etihad Cargo has made steps to solidify its position as a regional leader in the air cargo digitalisation and innovation community, six months after migrating to a new technology platform.
Uber rolls out “preferred view” feature for Saudi women drivers
Uber has recently announced the launch of a new “Women Preferred View” feature for women drivers in Saudi Arabia, which provides them with a choice in selecting a preference to be connected to women riders.
World’s first robot-operated number plates factory opens in Dubai
The Dubai RTA has inaugurated the first factory in the world that uses robots in the manufacturing of vehicle number plates, with a capacity of 33,000 plates per day.
Uber files for much-anticipated IPO
Uber Technologies has finally filed its much anticipated initial public offering (IPO) with the US Securities and Exchange Commission.
Dubai installs Smart Gates at Route 2020 metro stations
Dubai’s Roads and Transport Authority (RTA) has recently started the installation of Smart Fare Gates at Metro Stations of Route 2020 Project.
Uber’s acquisition of Careem to be completed in eight months
Uber’s acquisition of the Dubai tech unicorn Careem will be completed within seven to eight months, according to the ride-hailing firms’ CEOs.
Uber confirms acquisition of Dubai-based Careem
Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash.
Uber to acquire Dubai-based Careem for $3 billion: report
Uber is reportedly gearing up to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival Careem as early as this week.
Dubai optimises AI to measure customer happiness
The Dubai Roads and Transport Authority (RTA) has recently rolled out new smart cameras that measure customer’s satisfaction at four Customers Happiness Centres.
Dubai-based investment firm opens high-tech logistics facility
Dubai-based Trustworthy.ae Group has announced the groundbreaking of its first Inland Container Depot (ICD) and a third-party logistics (3PL) facility in Khalifa Industrial Zone Abu Dhabi (KIZAD).