Careem launches Ramadan initiative to deliver to UAE food banks

Under the special sponsorship agreement, UAE residents can order a “Food Bank” delivery car type via the Careem app for free. The food will be delivered to one of the 80 food bank community fridges distributed in residential areas and mosques. The fridges are available for the public to donate packaged and canned food under safety measures supervised by Dubai Municipality.

Careem, Pakistan

Dubai-based Careem mulls $500 million in funding

According to a report by Bloomberg, which cited people familiar with the matter, the Uber rival plans to raise the money as a precursor to a possible initial public offering and the fund-raising round could value Careem at as much as $1.5 billion.


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