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How is Careem worth $1.2bn?

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

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

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

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

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