Wamda

U.A.E

e& acquires majority stake in Careem’s Super App for $400 million

UAE-headquartered communication firm e& (formerly Etisalat) has acquired a 50.03 per cent stake in Careem’s Super App spinout...

U.A.E

ChatGPT has not only taken the world by storm, but political leaders too. At the recent World Government Summit held in Dubai, barely one...

Algeria

Algeria-based super app Yassir, has raised $150 million in Series B funding, led by BOND, with participation from DN...

Libya

Over the past decade, Libya has been mired in a civil war that has decimated its economy and put paid to foreign direct investment (FDI)....

Iraq

Iraq-based super app Baly, backed by Germany’s Rocket Internet has closed a Seed round of $10.5 million from Kingsway Capital, MSA...

Egypt

Netherlands-based MNT Investments BV has entered a share swap agreement with Egypt-based super app Halan. The deal is expected to...

Regional

When Careem first launched its ride-hailing service, everything was done manually. Sourcing the drivers was done via SMS, user requests...

Regional

Before smartphones and mobile app stores, the internet was dominated by a handful of web portals that offered their users several services...

Regional

Careem announced the launch of its super app, combining all of its services like ride-hailing and food delivery onto one platform. The Uber...