Careem

Sheraa inspires over 100 students with Careem CEO’s insights

Sharjah Entrepreneurship Center (Sheraa) brought together 100 American University of Sharjah (AUS) and University of Sharjah undergraduate students to hear from Mudassir Sheikha, the co-founder and CE...

Mastercard and Checkout.com partner to top-up Careem’s wallet

In partnership with Mastercard and Checkout.com, Careem Pay has integrated Mastercard Send to enable its customers in the UAE to access near real-time payments into their Careem Pay wallets, making it...

e& acquires majority stake in Careem Super App for $400m

e& today announced to acquire a majority stake in Careem’s Super App spinout. Careem’s ride hailing business will remain fully owned by Uber and continue to be available with all other...

AstroLabs celebrates 10 years

AstroLabs celebrates 10 years of ecosystem building in MENA amidst a full house of its community members, partners, and the UAE’s top disruptors at the opening night of Step 2023. This exclusive event...

Saudi-based B2B marketplace, Sary raises $30.5 million

Sary, the Saudi-based B2B marketplace that connects small businesses with a network of wholesalers and manufacturing brands via mobile and web applications, has raised a $30.5 million Series B round l...

Retailo successfully raises $6.7 million in seed round

Only nine months into operations, Retailo has successfully closed a $6.7 million seed investment round, the largest seed capital raised by a Saudi startup. This brings the total investments raised by ...

Careem adds Get vaccinated” feature in the UAE

Careem has released a new feature in its app that allows customers in Abu Dhabi, Dubai, Sharjah and Ajman to book a ride to a vaccination site. The new “Get vaccinated” tool includes detailed informat...

Noon Academy raises $8.6mln in series A round

Noon Academy, an online learning platform that operates throughout the Middle East, announced today that it has raised $8.6 million in series A funding. The round was co-led by Raed Ventures and STV w...

Uber to acquire Careem for $3.1 billion

Uber announced it is all set to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. Uber will acquire all of Careem’s mobility, delivery, and pay...