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Uber said to eye valuation topping $100bn in share offering

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Uber is eyeing a valuation above $100 billion for its much-anticipated share offering due in 2019, which would be the biggest-ever in the tech...

Launching the region’s first ‘Autonomous taxi’ at GITEX

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Roads and Transport Authority (RTA) through its stand at GITEX 2018, has exhibited the first ‘Autonomous taxi’ in the region. The technology underscores RTA’s commitment...

Dubai traffic authority presents self-driving taxi at tech fair

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DUBAI, Oct. 14 (Xinhua) -- The Dubai Roads and Transport Authority (RTA) on Sunday presented the region's first self-driving taxi at the ongoing five-day...

Dubai’s Careem to remain independent despite Uber interest, says co-founder

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Dubai-based ride-hailing app Careem will remain an independent, local company despite interest from Eastern and Western investors, such as US rival Uber and Chinese...

Dubai’s Careem launches first electric car option

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Careem, the Dubai-baseds ride hailing app, has announced the introduction of an electric car type option onto the fleet. Available to book from Monday, customers...

Dubai taxi offers free ride to people of determination

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RTA's Dubai Taxi Corporation (DTC) has recently launched "Al Khair Ride" initiative for the People of Determination in cooperation with Al-Futtaim Motors Company, the...

Dubai’s Careem said to weigh $500m in funding

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Careem, which competes with Uber in the Middle East, is in talks with investors to raise $500 million, according to people familiar with the...

RTA to install 6,500 surveillance cameras in Dubai taxis

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Dubai’s Roads and Transport Authority (RTA) has begun installing surveillance cameras in all taxis affiliated to the Public Transport Agency. The transport authority said the...