Latest in Tag: Careem Highlight
Latest in Tag: Careem
Careem combines all offerings in Super App, prepares bike service launch
Company is ensuring both customer and captain health and safety with regular sterilisation, use of medical masks, and plastic insulators
Careem updates brand following acquisition by Uber
The change, which also see a black dot added to the letter âCâ to reflect the new brand, is set to take place according to Uber policy.
Careem launches bus service across governorates
Cream Bus service comes at competitive fees of EGP 100 for Cairo-Alexandria line, EGP 80 for Cairo-Mansoura line, and EGP 75 for Cairo-Tanta line.
ECA approves âunder conditionsâ Uber-Careem acquisition deal
The multinational ride-hailing company added in the statement that the acquisition agreement between Uber and Careem, which was inked in March, will now come into effect.
Fyonka: Egyptâs first only-women ride-hailing service, ten months into the market
 âIt not only about providing female commuters with safer rides, but to make women a part of the ride-hailing industry as partners,â says founderÂ
Dubci, new Egyptian ride-hailing app to launch in August
Dubci, a new Egypt-based ride-hailing mobile application, is getting ready for launch in August, Mohamed Samir, the former Egyptian armed forces spokesperson, and the companyâs head of human resources, told Daily News Egypt on Monday
GO Mini, Sawa, Smart card: alternatives to ease fuel price increase
Careem stated that the services of “Go Mini” and “Sawa” have been lunched in Cairo and other cities through a convenient transport experience, at competitive prices for users of Careem in Egypt, according to Masrawy.
UAE approved Uberâs acquisition of Careem
UAE currently 1st country in relevant markets to grant approval of Uberâs acquisition of Careem
Uber, Careem reveal to ECA details of their acquisition deal, waiting for its decision
As per law, ECA to take one of three decisions: approval, rejection, or conditional approval
Uber acquires Middle Eastern competitor ride hailing app Careem for $3.1bn
The transaction is expected to close in the first quarter of 2020
ECA warns Uber, Careem of merger before obtaining consent
Agreement between two parties will increase obstacles to market entry, expansion, harm potential competition, investment environment in transport sector, related economic sectors
Uberâs acquisition of Careem contrary to law: Egyptian Competition Authority
Egyptian Competition Authority added that these practices considered violation of law
Competition Authority studying complaint filed from Careem, Ousta against Uber
The Egyptian Competition Authority announced on Wednesday that it is currently studying a complaint filed by Careem and Ousta against Uber regarding the latter’s practices aimed at excluding competitors in the market. The authority mentioned in the press statement that the Competition and Consumer Commission of Singapore has prevented a merger between Uber and Grab, …
Talks between Uber, Careem to merge their services in Middle East
We do not comment on rumours: Careem
Careem officially raises prices of GO, GO+ services
Ride-hailing application Careem officially revealed the new prices of its services on Saturday. âGiven the recent changes in the price of fuel in Egypt, Careem has decided to increase the tariffs of trips in order to provide captains with a proper work environment, with the prices also being suitable for users in Egypt,â the company …
Cyber breach of Careem customer, driver data
Ride-hailing company Careem identified a cyber incident involving unauthorised access to the system it uses to store data. According to a statement sent from the company to its users on Monday, Careem became aware on 14 January that âonline criminalsâ gained access to its computer systems, which hold customer and driver account data. Customers and …
Modest changes made to controversial user data article in Uber, Careem law
A joint committee of the Egyptian Parliament applied amendments regarding some disputed articles of a bill to regulate the operations of ride-hailing companies Uber and Careem, local media reported on Tuesday. The committees of transportation, communication, national security, and economic affairs approved in principle a law submitted by the cabinet on the regulation of passenger …
Egyptâs Urgent Affairs Court nullifies verdict banning Uber, Careem
The Egyptian Court of Urgent Affairs nullified on Saturday the Supreme Administrative Court ruling suspending operations of the ride-hailing companies Uber and Careem inside the country. The Administrative Court ordered on 20 March the suspension of operations of US-based Uber and UAE-based Careem after 42 taxi drivers sought a year ago to shut down the …
New Uber, Careem law might limit number of driversÂ
Parliament approves in principle law to regulate both companiesÂ
Parliament discusses disclosure ride-hailing app usersâ information to authorities
Controversy over article on handing usersâ data to âunidentifiedâ state bodies
3 articles disrupt parliamentâs passage of ride-hailing apps law
Parliament’s transportation, economic affairs, national security, and communication committees all approved the bill presented by the cabinet on Thursday to regulate ride-hailing smartphone applications, which targets, mainly, companies such as Uber and Careem. Yet, three articles hindered the final approval. This came after a meeting that lasted for five hours at the Egyptian Parliamentâs headquarters …
Uber, Careem banned in Egypt: What is next?
Hundreds of thousands of drivers at ride-hailing firms concerned about work, with millions of users depending on services as âsafer, more comfortableâ alternative transportation
Egyptian court bans ride-hailing apps Uber, Careem
Egypt’s Administrative Court issued a verdict on Tuesday to bar ride-hailing services Uber and Careem from operating in the country, saying they violate Egyptian law. The court verdict will go into effect immediately, but it can be appealed before Egypt’s Higher Administrative Court. Careem, on their official Facebook page, said that the company has not …
Careem bike: perfect solution for crowded Cairoâs citizensÂ
I do not usually like being late, and with Cairoâs crowded streets, I always allow extra time for being stuck in traffic. It usually takes 10-15 minutes to travel from home to work. However, with Egyptiansâ constant marathon of seeking to earn their living at the same time I go to work, my journey seems …
Careem, Sarwa Capital contract to provide car purchase programs for drivers
The ride-hailing company Careem has announced signing an agreement with Sarwa Capital, a leading provider of finance solutions, to launch a program that would allow Careem drivers to buy their own cars. The program aims to help the drivers reap the economic benefits of their work in full instead of receiving only a share because …
Vesba competes with Uber, Careem in smart transportation
Vesba, a new smart transportation app, has recently emerged and entered the competition of smart transportation of individuals. The app relies on providing a service that can navigate through the Cairo traffic and bring the time of trips down. Vesba app relies on using Vespas instead of cars. The service costs less than Uber and …
Careem invests $10m since launching in Egypt
The company will launch “Scooter” service to overcome traffic congestion
Service cost bore by Captains increased, so it was necessary to move quickly: Kato
Rami Kato, the Head of Careem Egypt Operation said that after the increase in fuel prices, the service cost bore by Captains increased. âIt was necessary to move quickly as not to have them bear this cost alone by balancing the cost and benefit so that they will keep working, while, at the same time, …
Careem studies start-up market in Egypt to invest in transport and e-commerce sectors to achieve their expansion plans
We aim to increase the number of customer service staff to 1,000 during the first quarter of next year
Careem aims to increase captains to 200,000 at end of 2018
We have 60,000 captains working with us now: Kato