Sultan bin Saeed Al Mansouri, the UAE’s Minister of Economy, issues a decision approving the acquisition of Careem by Uber
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Uber said to be in advanced talks to buy Dubai’s Careem
Sources say companies may announce a cash-and-shares transaction that values Careem at about $3bn
Careem
Dubai’s Careem to invest $150m in new food delivery service
Careem NOW is launched as online delivery platform for goods and services in Dubai and Jeddah
Careem
Dubai’s Careem said to plan $150m spend on food delivery launch
Careem has been trialing food delivery services after announcing in February it had acquired regional online restaurant listing platform RoundMenu
Careem
Dubai’s Careem said to weigh $500m in funding
Sources say Dubai-based ride-hailing company plans to raise the money as a precursor to a possible initial public offering
Careem
Careem eyes potential expansion to 250 cities in MENA
Co-founder Mudassir Sheikh also says an IPO is a ‘natural milestone’, but not yet on the cards
Careem
Careem said to hold IPO talks with banks
Dubai-based ride-hailing firm could be worth $1.5bn, with a share sale likely by early 2019
