Middle East

Netflix Gets A Rival In The Middle East
Netflix Gets A Rival In The Middle East
January 08, 2019  |  Subscriptions

Middle Eastern broadcaster MBC is expanding its video streaming service to take on Netflix in the region. According to Financial Times, the Dubai-based MBC is...

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Careem To Launch Food Delivery Service, Complete $500M Funding Round
Careem To Launch Food Delivery Service, Complete $500M Funding Round
December 17, 2018  |  International

Middle East-based ride-hailing company Careem is expanding its business into a delivery service, a tech outlet reported. The company, which is in direct competition with...

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Careem Aims To Raise As Much As $200M From Chinese Investors
Careem Aims To Raise As Much As $200M From Chinese Investors
November 20, 2018  |  Investments

Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. According to a report...

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Cash Still Has A Long Future In Turkey
Cash Still Has A Long Future In Turkey
September 12, 2018  |  Cash

Despite digital options, consumers in the Middle East and South Africa still have their hearts (and wallets) set on cash. In fact, cash use in...

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Uber And Careem In Talks To End Costly Rivalry
Uber And Careem In Talks To End Costly Rivalry
July 05, 2018  |  Ridesharing

Uber Technologies, the ride-hailing company, is reportedly in early-stage talks with Careem Networks, the Middle East-based ride-hailing company, to combine operations or for Uber to buy the company...

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After Meeting With Crowned Prince, Amazon To Add More Jobs In Saudi Arabia
After Meeting With Crowned Prince, Amazon To Add More Jobs In Saudi Arabia
April 06, 2018  |  Amazon

After a meeting between Amazon CEO Jeff Bezos and the crown prince, Amazon is adding several jobs in Riyadh, Saudi Arabia. According to Bloomberg, Bezos...

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Uber To Expand UberEats In Europe, Middle East, Africa
Uber To Expand UberEats In Europe, Middle East, Africa
March 12, 2018  |  Delivery

Ride-hailing company Uber is gearing up to expand its food delivery service, bringing UberEats into 100 new cities this year. According to a report in...

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Mastercard, UAE Exchange: Building A Cashless Middle East
Mastercard, UAE Exchange: Building A Cashless Middle East
February 20, 2018  |  Digital Payments

Carrying wads of hard currency in an overstuffed wallet has ceased to be fashionable, thanks to the advent and proliferation of plastic money and cashless...

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Careem Buys RoundMenu To Launch Food Delivery Service
Careem Buys RoundMenu To Launch Food Delivery Service
February 19, 2018  |  Delivery

Careem, the ride-hailing company based in the Middle East and an Uber rival, announced Sunday (Feb. 18) that it acquired RoundMenu, the restaurant listing and...

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