Technology
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4.4KSwvl’s co-founder and former COO is building a fintech to offer commercial credit solutions to small businesses
Swvl’s co-founder and former Chief Operating Officer Mahmoud Nouh who had left the Egyptian startup a few months ago is now building...
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2.7KAnghami confirms that it is raising a new round and also considering acquisition offers from multiple parties
Anghami, the leading music streaming service of the Middle East & North Africa has confirmed to MENAbytes that it has signed JPMorgan...
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2.9KCareem’s Chief Finance & Strategy Officer Ankur Shah leaves the company
Dubai-based Careem’s Chief Finance & Strategy Officer Ankur Shah has left the company, he announced in a LinkedIn post today. Ankur’s announcement...
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4.1KUber completes $3.1 billion acquisition of Careem
Uber has completed the acquisition of its Middle Eastern rival Careem, the San Francisco-headquartered company announced today in a statement, saying Careem...
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2.8KEgypt approves Uber’s acquisition of Careem with conditions
Egypt’s competition watchdog, the Egyptian Competition Authority (ECA), has approved Uber’s acquisition of Careem with conditions, it announced in a statement earlier...
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3.9KDelivery Hero’s Talabat expands into dark stores, launches 15-minute grocery delivery service in Kuwait
Talabat, one of the many Delivery Hero’s food delivery companies present in the Middle East & North Africa, is expanding into dark...
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5.8KExclusive: Careem Bus quietly expands to Pakistan with its (pilot) launch in Karachi
Careem Bus, the app-based mass transit service by Careem, has quietly expanded to Pakistan with its launch in Karachi. We could not...
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8.5KExclusive: Careem tells former employees that they’ll lose 25 percent of value of their stock options if they cash them out at closing of deal with Uber
Careem has told its former employees that they’ll have to take a 25 percent cut in the value of their vested options...
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32.1KIraqi company and Lebanese fintech launch the first digital-only payment card ‘Neo’ in Iraq
Iraq-based International Network for Cards and Digital Payment Services (INC Iraq) and a Lebanese fintech startup NymCard that is digitizing how payments...