Mudassir Sheikha left McKinsey to co-found Careem in 2012, putting in $50,000 of his own money. Seven years later, Uber ...

Careem, the Middle Eastern ride-hailing service owned by Uber, will suspend its ride-hailing operations in Pakistan on July 18, 2025, due to macroeconomic challenges, intense competition, and global ...

DUBAI (Reuters) - Ride-hailing firm Careem, a Middle East rival to Uber Technologies Inc, has bought a minority stake in a three-month-old Egyptian start-up that connects commuters with private buses ...

A new waiting lounge dedicated to Uber and Careem users has been opened in Terminal 3 at Dubai International Airport. The new ...

DUBAI (Reuters) - Ride-hailing service Careem is targeting profitability next year or in 2018 and is in talks with potential investors about its latest fundraising plans, co-founder Mudassir Sheikha ...

Careem, Uber's rival in the Middle East, will eventually go public, but not at this time, Magnus Olsson told CNBC. Olsson said that while an initial public offering would be the ultimate goal, it's ...