The new structure further enhances the Company’s capabilities to achieve stronger and sustainable growth as well as augmenting its leading position amongst regional markets. [Wired by: DubaiCityGuide.com - A Cyber Gear Company]
Ride-hailing app Uber confirmed yesterday it will be acquiring local rival Careem for $3.1 billion — the biggest ever tech deal in the Middle East. Uber said in a statement that of the $3.1 billion it will pay, $1.4 billion will be in cash while $1.7...