Shake up at Careem?

Shake up at Careem? Wael El Fakharany has stepped down as managing director of Careem Egypt and the ridesharing company’s SVP for government relations, sources told Al Mal. We have independently confirmed the news of El Fakharany’s departure. Separately, Careem announced appointing Ramy Kato as its head of operations in Egypt in addition to his current role as VP of Careem Care. “Kato will be responsible for managing all Careem operations in Egypt including overlooking Careem’s expansion plans in the local market, government relations and day-to- day business operations.”