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.
News, Software
Egypt lifts ban on Uber and Careem
An Egyptian court ruled to revoke the suspension of the licenses of ride-hailing companies Uber and Careem, allowing them to continue their work, Reuters reports citing judicial sources said. 0 2131
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.
Uber in “advanced talks” to acquire Middle East rival Careem
Uber Technologies is in advanced discussions to buy its Dubai-based rival Careem Networks, according to a Bloomberg report.
Uber files for long-anticipated IPO
Uber Technologies has filed paperwork for an initial public offering, according to three people with knowledge of the matter, reported …
Middle East ride-sharing rivals launch bus booking service
Dubai-based Careem and global ride-sharing firm Uber have introduced a new bus-booking service in Egypt.
Uber is back in the UAE capital
Uber has announced the re-launch of its services in the UAE capital, in collaboration with the Department of Transport in …
Uber eyes Middle East growth as revenue slows
Ride-share company Uber on said that its net loss topped a billion dollars in the recently ended quarter as it …
Dubai-based tech unicorn secures $200 million in fresh funding
Middle East ride-hailing company Careem had reportedly secured $200 million in fresh funding from existing investors, Reuters reported.