How do you create 200k new jobs in four years? Create a ride-sharing service, Careem says.

How do you create 200k new jobs in four years? Start a ride-sharing service. Careem is projecting that it will create more than 200k new jobs and EGP 2 bn in annualized gross driver income by the end of next year. As of last month, the company had more than 54k drivers on the road in Egypt with EGP 650 mn in annualized gross driver income, according to a slide from its investor deck. Tap the photo above for a pdf of the slide. H/t Ahmed B.