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Asharq Al-Awsat

Business

Dubai - Asharq Al-Awsat

UAE’s e& Takes Majority Stake in ‘Careem's Super App’

Uber Uber Technologies UAE fintech

The Careem Super App includes renting small vehicles, digital payment, and a range of fintech services and other services. (Asharq Al-Awsat)

The UAE telecom-tech giant e& is picking up a majority stake in Careem Super App through a binding agreement with Uber Technologies.

Careem’s ride-hailing business will remain fully owned by Uber Technologies and continue to be available with all other Careem services on the existing app for customers.

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