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Tag: careem

Middle East and Africa will reap benefits from Nuwa Capital’s newest fund

Techcrunch
Nuwa Capital, a venture capital firm based in Dubai and Riyadh, announced the first close of its $100 million NVFI fund in February. The...

Dubai Fintech Mamo Secures $8M via Pre-Series A Round, Will Expand Operations into UAE, Saudi Arabia

Crowdfunding
Dubai-headquartered Fintech firm Mamo has reportedly secured $8 million through a pre-Series A funding round. Mamo offers a digital wallet and payments platform and...

Uber’s Mideast business Careem sees recovery slowing as infections rise

Big Data
By Alexander Cornwell DUBAI (Reuters) - Uber's Middle East business Careem is seeing a slowdown in the recovery of its ride-hailing business due...

Arif Amiri, CEO at Dubai International Financial Center, Confirms there are Over 160 Fintechs it’s Support to “Drive Sustainable Growth”

Crowdfunding
Dubai is consistently ranked among the world’s leading Fintech hubs. Fintechs in Dubai have been supported by the UAE (United Arab Emirates) government...

Meet Dan Hoffer, Managing Director at Autotech Ventures

Venture Capital
Autotech Ventures invests exclusively in the ground transportation industry Venture capital used to be a cottage industry, with very few investing in tomorrow's products...

The Station: Uber has a taste for Lime, Tesla drama, Moovit gets acquired

Automotive
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every...

Uber Eats Drops Service in Seven Countries

Automotive
Uber Technologies Inc. took steps to stem losses in its international businesses May 4 as the company rushes to adapt to the new...
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