Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, reported …
The MAGNiTT Exit report in 2017 revealed that there was a total of 60 startup exits – the point an investor (usually a venture capitalist) sells their stake in a firm to realise their gains – across the MENA in the years of 2012 to 2017.
The drivers – referred to as Captainahs – will begin working with Careem from today as part of the company’s ongoing mission to simplify and improve lies in the region.
Mohamed Darwish Al Qamzi, General Manager of The Center for Regulation of Transport by Hire Cars (Transad), told reporters he was confident Uber would resume services.
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.
Saudi captainahs have been hand-picked by the Dubai-based company following last year’s royal decree on women driving.
The Middle East’s homegrown ride-hailing service is now present in 100 cities across the region, following the announcement that the company is gearing up to enter Khartoum, Sudan.
Careem co-founder Magnus Olsson has revealed that he sees the region’s homegrown ride-hailing service as playing a “crucial role in contributing to the changes in Saudi Arabia,” with particular focus on empowering female drivers – or “captinahs” – from June onwards.
Alphabet’s Waymo had filed a lawsuit against Uber Technologies a year ago over charges of theft of self-driving car trade …
Ride-hailing applications in Saudi Arabia are recruiting female drivers, after the Kingdom announced plans to lift the ban on women …