Ride-hailing app Careem is planning to expand in six new governorates by year-end, Chief Operating Officer Ramy Kato said, according to Al Borsa. New targets include Damietta, Port Said, Ismailia, Suez, Minya, and Asyut. Careem now offers its services in 10 governorates: Cairo, Alexandria, Mansoura, Damanhour, Hurghada, Zagazig, Banha, Mahalla, and Kafr El Dawar. The company also signed a three-year contract with Careem with Orange Business Services to provide network and contact center services. The contract includes network services to connect Careem’s corporate offices in Cairo, Dubai and Paris seamlessly and also enables Careem to reduce fixed voice costs and route calls, according to Al Bawaba. The total value of the agreement was not disclosed.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Egypt is fixing how deals get executed, but what pushes investors offshore runs deeper than the reforms on the table
Investment Ministry and a Senate committee are both moving to…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…