Tag: Careem

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Despite “Licensing,” Ride-Hailing Conundrum Continues

The government last month issued temporary approvals for the licensing of ride-hailing apps in Jordan. This is an important step forward, but much remains to be done before these services can operate legally in the Kingdom. Many have lauded the…

Mirek Dusek, the head of MENA for the WEF

WEF: Meeting of Minds

The MENA edition of the World Economic Forum (WEF) returns to Jordan this month with a theme of enabling generational transformation. By Dominika Bzduchova Hundreds of top decision-makers from around the world will meet at the Dead Sea on May…

Careem

Careem adds Mumayaz to its Fleet

In a sign that ride-haling apps might soon be officially licensed, Careem announced last month that its users will now be able to book cars belonging to Al Mumayaz taxis. “Careem is a technology platform that is available for everyone…

Anthony El-Khoury, Uber’s Middle East manager

Uber: Legal at Last?

Uber says new legislation could be imminent to finally regulate Jordan’s fast growing ride-hailing sector. By Dina al Wakeel Ride-hailing services have had anything but an easy ride since they first began shaking up Jordan’s creaky transport sector around two…

Mudassir Sheikha, the Cofounder of Careem

Careem and the Irresistible Rise of Ride-Hailing

Despite coming up against regulatory hurdles and protests from taxi drivers, the cofounder of Careem says his ride-hailing platform is in Jordan to stay. By Laith Abou-Ragheb Mudassir Sheikha, the cofounder of Careem, the Dubai-based ride-hailing platform, made a flying…

Careem app

Careem Aims to Recruit 10,000 Drivers by 2018

Fast-growing ride-hailing service Careem said it’s aiming to hire 10,000 drivers in Jordan by 2018, despite encountering regulatory problems in the Kingdom. The Dubai-based startup said it also planned to hire a further 2,000 employees to operate a new regional…

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Regulating Ride-Hailing

The government’s recent crackdown on ride-hailing apps like Uber and Careem is short-sighted and represents a losing battle. A process of planned integration should be developed, in which new services are legalized, existing operators are protected, and the sector’s competitiveness is…

Uber app

Uber Trials Cash Payments in Amman

Uber said it recently began trialing cash payments for rides in Amman in an effort to expand in a market where credit card usage still stands at mere 1.5 percent. “Given the credit card penetration in Amman, launching cash really…

How to Spot the Next Big Thing

From Careem to ArabiaWeather, VC firm Wamda Capital has a canny knack of picking out the most exciting prospects from our region’s burgeoning startup scene.   By Dina Al-Wakeel Leading the region’s venture capital firms, Wamda Capital invests in propitious entrepreneurial…

Wamda Capital Reaches Funding Milestone

Tech Growth Fund Wamda Capital has raised $60 million in the first round of funding of a $75 million Wamda MENA Ventures I fund, and invested 40 percent of that so far. The venture capital firm, which is based in…