Nile Cairo, Careem to set up new app combining services

Nile Cairo and Careem have agreed to set up a new application that will allow users to book a water taxi and a Careem car to transport them to and from the water taxi’s docks, Nile Cairo’s chairman Karim El Saba’a tells Al Borsa. No details were provided on the pricing of the service. According to El Saba’a, Nile Cairo plans to set up nine docks over the next three years at an estimated investment value of EGP 100 mn, with three of these docks set to be completed within the next three months.