Wamda

Sudan

In conversation with Mohamed Elzakey of Sudan's Tirhal

Sudan’s startup ecosystem is seldom highlighted as one of opportunity due the country’s weak economy, high level of inflation...

ride hailing careem

Egypt

Cairo: the world's test-bed for transportation

Last week, Dubai-based ride-hailing app Careem launched an on-demand tuk tuk service in Cairo without any fanfare. The move marked the...

cairo ride hailing ride sharing

Egypt

Competition heats up for Cairo's ride-hailing apps

The first announcement at this year’s RiseUp Summit in Cairo came from Halan, a motorcycle and tuk-tuk-hailing app. Following on from...

ride hailing careem Uber

Egypt

Careem launches bus service in Cairo

Careem has launched a new service, Careem Bus, with an initial launch in Cairo in a separate application from its ride-hailing...

careem travel tech ride hailing

Regional

Careem introduces credit transfer

Careem has introduced peer-to-peer (P2P) prepaid credit transfers across all its markets. The closed-loop feature enables users to...

careem

U.A.E

Careem closes $200m in latest round

Ride-hailing app Careem has secured $200 million from existing investors including Al Tayyar Group, Kingdom Holding and Rakuten in the...

careem investment round

Oman

Careem resumes service in Oman

Careem has re-launched its services in Muscat after partnering with local taxi operator, Marhaba Taxi. The UAE-based ride-hailing app...

Muscat careem

Global

What does Careem’s expansion to Sudan mean for local players?

Sudan, a country with a population of around 40 million, has gone both unnoticed and untouched by regional and international tech players,...

careem Sudan Expansion

Iraq

Careem debuts in Iraq

Careem, the region’s leading ride-hailing service in the MENA, Turkey and Pakistan, expanded its services into the Republic of Iraq,...

careem baghdad iraq

Regional

UAE startups attracted $400 million of VC funding in 2017

2017 witnessed 134 funding deals of 129 startups in 12 countries across the MENA, which brought in around $475 million worth of...

MENABytes Dubai MENA

Regional

Will MENA’s on-demand startups become sustainable businesses?

On-demand startups, the so-called ‘Uber for X’ of startups, are those that provide immediate service by dispatching someone to...

On-demand startups Technology entrepreneurship

Global

Careem partners with Chinese Didi Chuxing to accelerate innovation in the region

Careem, the ride-hailing and internet platform in the Middle East and North Africa, announced yesterday a strategic partnership with Didi...

uae china careem

U.A.E

When an investment expert gets on board

Careem, the leading ride-hailing service in the Middle East and North Africa, announced today the appointment of Zach Finkelstein as vice...

careem Zach Finkelstein Lumia Capital

Regional

Entrepreneurship is disrupting MENA’s real estate and retail gurus

The first half of 2017 was an exciting one for enterprises and startups in the MENA region with mega deals taking the ecosystem by storm....

acquisition VC investment Real Estate

Regional

Investors, brace yourselves for the aftermath of unprofitable unicorn IPOs [Opinion]

The fundamental idea behind Initial Public Offerings, or IPOs, is that when companies need capital, they get themselves listed on public...

oped IPOs Funding

Egypt

Careem announces $500K investment in public transportation startup Swvl

This news was updated to include an exclusive interview with Mudassir Sheikha, the cofounder and managing director of...

careem public transport Bus Pooling

Regional

How mobile and digital transform the shared Ramadan experience

Technology and digital communication are impacting people’s interactions and activities during Ramadan. Freemium mobile apps like...

Ramadan YouTube snapchat

Palestine

Alwaleed injects $62M in $500M Series E funding Careem

(Editor’s note: This article has been updated to include the new capital injection of Prince Alwaleed Bin Talal and the announcement...

news careem palestine

U.A.E

Careem and OSN partner for discount rates and enhancing customer experience

Careem and OSN announced a strategic partnership May 22. The partnership promises to deliver enhanced benefits to customers of both...

careem OSN Telcos

Regional

Exponential growth wasn’t built in a day [Podcast]

“Everyone has the Middle East at the bottom of their pyramid,” said Fadi Ghandour, Wamda’s executive chairman, and...

Souq.com Namshi careem

Regional

The opportunity of an inclusive sharing economy in MENA

It’s 9am. A commuter leaves home heading for her office in the local tech business hub. After 30 seconds a car has arrived to take...

lebanon uae Egypt

Egypt

Is Egypt finally ready for ride-sharing?

Uber and Careem fares have become unaffordable for many Egyptians, as fuel costs continue to rise following the floatation of the currency...

Buseet Kalax Swvl

Regional

Startup Watch: lateness isn’t greatness, the history of CVCs, and Uber for yachts

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

careem CharterClick social enterprise

Egypt

Careem sacks Egypt boss

Careem’s Egypt managing director Wael El Fakharany said in a tweet today that he was sacked by the car hailing startup. Egypt...

careem

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you