Tag: Careem
Egypt: Regulator warns Uber, Careem of merger
The Board of Directors of the Egyptian Competition Authority (ECA) issued several temporary measures aimed to protect the gains resulting from the existing competition...
UAE: Uber in talks to buy ride-hailing rival Careem
Ride-hailing company Uber Technologies is in talks to buy Dubai-based rival Careem Networks FZ for about $2 billion to $2.5 billion, Bloomberg reported on...
Middle East: Uber is in talks with Careem to merge
Uber Technologies is in preliminary talks with rival Careem to combine their Middle Eastern ride-hailing services, Bloomberg reported on Tuesday, citing three people familiar...