Careem plans to roll out bus-hailing service, starting with Egypt

Ride-hailing app Careem is planning to roll out a bus-hailing service, starting with “at least four Egyptian cities,” people close to the matter tell Bloomberg. The new service, the plans for which have yet to be made public, is expected to be launched in September. “The people did not disclose how much the Dubai-based company is investing in this project, but indicated that significant capital has been allocated for it.”