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18.2KNews75 Careem employees to become dollar millionaires after company’s sale to Uber, another 200 to earn at least $270,000 each: report
Hundreds of Careem employees are set to benefit from company’s sale to Uber, according to a report by The National. As many...
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12.5KEcosystemFadi Ghandour believes Careem’s big exit will bring the next wave of entrepreneurship in MENA
Careem’s exit is the biggest success story to come out of Middle East & North Africa’s technology ecosystem and it will spark...
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5.4KEventsMIT Enterprise Forum to announce the winners of 12th Arab Startup competition this week at its annual conference in Beirut
MIT Enterprise Forum Pan Arab, the regional chapter of MIT Enterprise Forum Global is set to host final award ceremony and conference...
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4.4KEcosystem500 Startups closes its MENA-focused fund ‘500 Falcons’ with $33 million
500 Startups, one of the leading early-stage investors of the world has closed its Middle East & North Africa-focused fund, 500 Falcons,...
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6.6KInvestmentsEgypt’s GBarena raises six-figure seed funding for its esports and gaming community
Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today. GBarena did not disclose the exact...
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4.3KNewsSaudi-based travel group Al Tayyar wins big with Uber-Careem deal earning profit close to $500 million on their Careem investment
Saudi-based travel group Al Tayyar has won big with Uber-Careem deal, earning a gross profit of $474 million (SAR 1.78 billion) on...
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3.0KNewsUber CEO Dara Khosrowshahi’s email to staff on Careem acquisition: Accelerating in the Middle East
Uber today announced the acquisition of its Middle Eastern rival. Just before announcing the acquisition, Uber’s CEO Dara Khosrowshahi sent an email to...
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3.2KNewsUber and Careem will continue to operate their services and brands independently in MENA after the acquisition is complete
Uber today announced the acquisition of its Middle East rival in a cash and stock deal that valued the company at $3.1...
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6.0KNewsIt’s official: Uber has acquired Careem for $3.1 billion in a cash and stock deal
It is official. After almost a year of rumors, Uber today has announced the acquisition of its Middle Eastern rival for $3.1...
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4.0KNewsSTV hires former BCG Principal Luca Barbi as Chief Operating Officer
Saudi Technology Ventures, the Riyadh-based largest VC fund of Middle East & North Africa has hired Luca Barbi, a former Principal with Boston...
