Dubai-based Careem’s super app business increased revenue in the first half of 2026, although losses continued to widen. Revenue from the app rose 20 percent year on year to AED884 million ($241 million) in the first six months of the year.
Curated by CityCalc from AGBI. Read the full article at the source.
Related articles
- Moove hits $2.1 billion valuation with $250 million Series C — UAE-headquartered mobility startup Moove has raised $250 million in a Series C round at a $2.1 billion valuation, led by Mubadala Investment
- Baghdad Bolsters Deployment in 'Vulnerable' Areas, Warns Armed Factions — Curated from Asharq Al-Awsat.
- Iraq to start work on first rail link to Iran — Iraq is preparing to start work on its first direct railway link with Iran after completing key design work on the long-delayed project. The
- Emaar’s huge backlog cushions sharp fall in new property sales — Emaar, Dubai’s biggest developer and a bellwether of sentiment in the Gulf’s commercial capital, reported continued profit growth in t
- Paul Theroux would not have liked Etihad Rail. I did — I don’t think Paul Theroux, the old master of railway travel, would like the Etihad Rail service from Abu Dhabi to Fujairah. Theroux travell