Technology
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7.4KUber 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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4.8KEgypt 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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7.8KDelivery 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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9.0KExclusive: 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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9.8KExclusive: 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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40.4KIraqi 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...
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16.0KExclusive: Swvl’s co-founder and COO Mahmoud Nouh leaves the company
Cairo-based transportation startup Swvl’s co-founder and Chief Operating Office Mahmoud Nouh has left the company, Swvl told MENAbytes today. Mahmoud who co-founded...
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6.1KSaudi’s Dailymealz expands its subscription-based food delivery service to Kuwait
Dailymealz, a Saudi subscription-based (mainly healthy) food delivery startup has expanded to Kuwait, it told MENAbytes today. Kuwait is the first overseas...
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6.5KWamda X, the grant-based idea-stage program for entrepreneurs in MENA is now accepting applications for its second cohort
Wamda X, the idea-stage grant-based fellowship program launched by Wamda last year is now accepting applications for its second cohort. The four-month...
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6.4KJumia’s stock has lost more than half of its value since going public six months ago, market cap is down to $520 million
Jumia, the ‘African’ ecommerce company that has its corporate headquarters in Dubai and operations in 14 African countries including Egypt, Morocco, Tunisia,...