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How is Careem worth $1.2bn?

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According to Crunchbase data, Careem has now received $571.7m of funding in six rounds from 19 investors. This includes $150m led by Saudi Prince Alwaleed...

UberX launches pilot in Dubai, lower prices revealed

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Dubai's Roads and Transport Authority (RTA) and ride-hailing app Uber on Monday announced the trial of the uberX service that aims to provide passengers...

Futuristic Advertising? Uber’s Drones Take to the Skies to Heckle Drivers

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In an effort that’s equal parts creative advertising and environmental awareness, drones are being utlized by ride-sharing company Uber, in Mexico City. The fleet of drones...

Careem, Fetchr emerge as ‘most promising’ UAE Startups

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Forbes Middle East, for the second consecutive year, has unveiled the U.A.E.'s most promising startup and awarded the top entrepreneurs who have achieved remarkable...

Agreement with Careem to deliver taxi-booking service

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The Roads and Transport Authority (RTA) has signed a cooperation agreement with Careem Networks Company, the leading provider of online booking of limousine and...