Careem has announced the launch of Free unlimited WiFi in all Careem cars from mid-July this year.
UAE Minister of Economy Sultan bin Saeed Al Mansoori has issued a ministerial decision approving the upcoming acquisition of Careem by global firm Uber.
Dubai-based ride-hailing firm Careem has reportedly launched it Careem Bus service in Saudi Arabia with Jeddah as the first city of operations.
Careem has entered the micro-mobility space with the acquisition of Cyacle, a UAE-based bikeshare service.
Careem has recently announced the expansion of its delivery services to Riyadh, with over 100 restaurants and outlets available at launch.
Organisations in the Middle East and North Africa (MENA) region are facing immense challenges brought by evolving cyber threats that are moving beyond attacks such as phishing, denial-of-service, and credential compromise.
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 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 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.
Uber Technologies is in advanced discussions to buy its Dubai-based rival Careem Networks, according to a Bloomberg report.