Was Wael Fakharany told last month he was on his way out? Now-former Careem Egypt managing director Wael Fakharany was allegedly informed last month that he was on the way out, Al Mal claims, citing unnamed sources it claims have knowledge of the matter. Fakharany’s reaction is “perplexing” to the company, the sources add. The clash between Fakharany and top brass at the ride-sharing company had been ongoing for some time and repeated mediation efforts were unsuccessful. News reports on Monday said that Fakharany might be suing Careem.

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