Careem

ECA publishes questionnaires on $3.1 billion Uber-Careem acquisition deal
Egypt

ECA publishes questionnaires on $3.1 billion Uber-Careem acquisition deal

The Egyptian Competitive Authority (ECA) has published several social media questionnaires asking drivers and passengers to give their opinions on…
Uber acquires Careem amid concerns over better services
Egypt

Uber acquires Careem amid concerns over better services

Uber bought out biggest prior rival ride-hailing service Careem Networks FZ for $3.1 billion, the largest deal cut by Chief…
Bloomberg reveals Uber’s plan to acquire rival Careem
Egypt

Bloomberg reveals Uber’s plan to acquire rival Careem

Uber, the ride-hailing giant, is currently working on a deal to buy out its Middle East rival Careem for US$1.4…
Uber finally responds to Egypt’s Value Added Tax Law
Business

Uber finally responds to Egypt’s Value Added Tax Law

Ride-hailing app Uber will finally pay the Value Added Tax (VAT) in Egypt, fulfilling Law No. 67/2016, Minister of Finance…
Careem to inject investments up to US $120 million in 2019
Business

Careem to inject investments up to US $120 million in 2019

  Careem CEO Wael Abu al-Ella stated on Saturday that the company would inject investments up to $120 million in…
Uber considers buying Careem: sources
Egypt

Uber considers buying Careem: sources

  Uber, the company behind the world’s most-used ride-sharing app, is considering acquiring its biggest competitor in the Middle-East, Careem,…
Uber-rival Careem expands services into Sudan
Technology

Uber-rival Careem expands services into Sudan

  Middle East ride-hailing firm Careem said on Sunday it had started a service in Sudan, one of few international…
Uber, Careem deny signing merge contracts: Egyptian Competition Authority
Egypt

Uber, Careem deny signing merge contracts: Egyptian Competition Authority

  Car service providers “Uber” and “Careem” denied on Monday any news about signing contracts that would allow Uber to…
Egypt’s Competition Authority requests data on Uber-Careem’s potential merger
Egypt

Egypt’s Competition Authority requests data on Uber-Careem’s potential merger

  The Egyptian Competition Authority are working on a full-fledged report on the potential impact of huge merger deal between…
Uber in talks with Dubai’s Careem to merge in Middle East: Bloomberg
Middle East

Uber in talks with Dubai’s Careem to merge in Middle East: Bloomberg

  Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported on…
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