Some of the new money raised could go towards new business lines, one source said, adding Careem may be looking to diversify ahead of a potential initial public offering (IPO).
News, Telecoms
Oman’s Ooredoo connects 77,000 homes with ‘super fast’ fibre broadband
Oman-based telecom provider Ooredoo has provided 77,000 homes across the Muscat region with super fast fibre home broadband from the existing fast home broadband. 0 5868
Saudi Aramco seals US deals worth $10bn
Saudi Aramco has announced commercial cooperation worth over $10 billion with 14 American companies during Saudi-US CEOs forum in New York, including a number of tech firms.
Saudi Aramco joins with US tech giants in slew of deals worth $10bn
The new array of deals signed include collaborations with firms supplying digital technologies and cooperation in the field of environmental conservation, climate change and the development of innovation, Saudi Aramco CEO said.
Sony unveils its latest cinema camera in the UAE
The VENICE camera is designed to meet the demanding expectations of the thriving film production scene in the UAE.
Fitbit launches duo of new products
The Versa features health and fitness features like 24/7 heart rate tracking, onscreen workouts, and automatic sleep stages tracking.
Dubai-based Bithereum to “revolutionise” Bitcoin mining
Bitcoin isn’t currently scalable for widespread adoption and involves high transaction fees in addition to slow transaction processing speed, which is what Bithereum hopes to change.
What Dubai consumers can expect from Huawei’s new AI camera
Powered by Huawei’s built-in Kirin 970 processor, Huawei’s new Mate10 Series offer an intelligent camera designed to change the way we capture our favourite moments.
Going digital is no longer an option, says Kuwaiti tech leaders
The changing role of IT in this era of digital transformation that we now find ourselves in is a hot topic of discussion, and one that was touched upon yesterday during a CNME and ManageEngine symposium in Kuwait.
SK Telecom’s autonomous car could be one of the safest yet
“SK Telecom’s autonomous model has an accuracy margin of 25 centimetres – meaning it boasts some of the best safety and reliability scores on the market today,” said Julia Perez Arquillo, staff exhibitor, SK Telecom.
What to expect from this year’s Mobile World Congress
Mobile World Congress 2018 will spotlight the role of artificial intelligence (AI) in telecoms, as a means of combating stagnating mobile service revenues as once-lucrative features like text messaging have become commoditised.