{"id":641911,"date":"2017-08-01T04:10:00","date_gmt":"2017-08-01T04:10:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/"},"modified":"2017-08-01T04:10:00","modified_gmt":"2017-08-01T04:10:00","slug":"careem-investments-in-egypt-reach-usd-10-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/","title":{"rendered":"Careem investments in Egypt reach USD 10 mn"},"content":{"rendered":"

Ride-hailing app Careem invested USD 10 mn in Egypt since it opened shop here, Careem Egypt COO Ramy Kato says, according to Al Borsa<\/a>. Careem Egypt is also studying investment opportunities in e-commerce. Careem invested USD 500k earlier this month<\/a> in Swvl, a three-month-old Egyptian bus transportation service.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ride-hailing app Careem invested USD 10 mn in Egypt since it opened shop here, Careem Egypt COO Ramy Kato says, according to Al Borsa. Careem Egypt is also studying investment opportunities in e-commerce. Careem invested USD 500k earlier this month in Swvl, a three-month-old Egyptian bus transportation service.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641911","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8641f135-f846-4245-a801-bea408fb910f","order":"0","is_powered_by":true,"section_story_id":"0d09b3cf-730d-4426-a1c4-186af710407c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641873],"teaser":"","voice_url":""},"yoast_head":"\nCareem investments in Egypt reach USD 10 mn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Careem investments in Egypt reach USD 10 mn\" \/>\n<meta property=\"og:description\" content=\"Ride-hailing app Careem invested USD 10 mn in Egypt since it opened shop here, Careem Egypt COO Ramy Kato says, according to Al Borsa. Careem Egypt is also studying investment opportunities in e-commerce. Careem invested USD 500k earlier this month in Swvl, a three-month-old Egyptian bus transportation service.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-01T04:10:00+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Careem investments in Egypt reach USD 10 mn\",\"datePublished\":\"2017-08-01T04:10:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\"},\"wordCount\":54,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\",\"name\":\"Careem investments in Egypt reach USD 10 mn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-01T04:10:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Careem investments in Egypt reach USD 10 mn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Careem investments in Egypt reach USD 10 mn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/","og_locale":"en_US","og_type":"article","og_title":"Careem investments in Egypt reach USD 10 mn","og_description":"Ride-hailing app Careem invested USD 10 mn in Egypt since it opened shop here, Careem Egypt COO Ramy Kato says, according to Al Borsa. Careem Egypt is also studying investment opportunities in e-commerce. Careem invested USD 500k earlier this month in Swvl, a three-month-old Egyptian bus transportation service.","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-01T04:10:00+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Careem investments in Egypt reach USD 10 mn","datePublished":"2017-08-01T04:10:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/"},"wordCount":54,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Automotive + Transportation","EnterpriseAM"],"articleSection":["Automotive + Transportation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/","name":"Careem investments in Egypt reach USD 10 mn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-01T04:10:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/01\/careem-investments-in-egypt-reach-usd-10-mn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Careem investments in Egypt reach USD 10 mn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":572244,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/careem-to-roll-out-delivery-and-e-wallet-application-super-app-by-end-of-month\/","url_meta":{"origin":641911,"position":0},"title":"Careem to roll out delivery and e-wallet application Super App by end of month","author":"enterpriseam admin","date":"16 June 2020","format":false,"excerpt":"Uber subsidiary Careem has launched a new app, Super App, consolidating its ride-hailing services for cars and bikes along with delivery and e-wallet services, as it looks to expand beyond ride-hailing in the region, according to a statement (pdf). The company invested USD 50 mn in the app, which will\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594888,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/careem-in-talks-with-egypt-over-mass-transit-services\/","url_meta":{"origin":641911,"position":1},"title":"Careem in talks with Egypt over mass transit services","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"Careem is in talks with the government to provide mass transit services, newly-appointed General Manager Wael Abou El Ela told Al Mal, without providing further details. We are still yet to hear from the Egyptian Competition Authority regarding the USD 3.1 bn Uber-Careem merger earlier this year. The regulator threatened\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596278,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/22\/careem-launches-in-matrouh-and-qena-part-of-egypt-expansion-plan\/","url_meta":{"origin":641911,"position":2},"title":"Careem launches in Matrouh and Qena, part of Egypt expansion plan","author":"enterpriseam admin","date":"22 August 2019","format":false,"excerpt":"Ride-hailing app Careem has launched operations in Marsa Matrouh and Qena as part of an expansion plan to bring its services to governorates across Egypt, according to a statement seen by Masrawy. The move to Matrouh is meant to coincide with the summer season to take advantage of the large\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568609,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/28\/careem-launches-cairo-delta-bus-routes\/","url_meta":{"origin":641911,"position":3},"title":"Careem launches Cairo-Delta bus routes","author":"enterpriseam admin","date":"28 January 2020","format":false,"excerpt":"Careem has announced the launch of a number of new bus services connecting Cairo with several cities in the Delta, reports Al Mal. The company is launching three new lines through its Careem Bus app, providing transport links between multiple neighborhoods within Greater Cairo and Alexandria, Tanta and Mansoura. Ticket\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594703,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/04\/gb-auto-to-supply-careem-with-locally-assembled-chery-arizzo-cars\/","url_meta":{"origin":641911,"position":4},"title":"GB Auto to supply Careem with locally assembled Chery Arizzo cars","author":"enterpriseam admin","date":"4 September 2019","format":false,"excerpt":"Ride-hailing company Careem has reached an agreement with GB Auto to supply it with an undisclosed number of Chery Arizzo 5 cars for its registered drivers, Al Mal reported. The cars\u2019 prices will range between EGP 168.9k and EGP 202.9k, according to a message the company sent to the drivers\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544384,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/careem-taps-into-food-delivery-services-with-investment-in-elmenus\/","url_meta":{"origin":641911,"position":5},"title":"Careem taps into food delivery services with investment in Elmenus","author":"enterpriseam admin","date":"1 March 2022","format":false,"excerpt":"Uber subsidiary Careem is making an investment in homegrown Egyptian food ordering platform Elmenus, the Dubai-based company said in a statement cited by Bloomberg. The investment will \u201cextend our reach in one of our largest ride-hailing markets,\u201d Careem co-founder and CEO Mudassir Sheikha was quoted as saying in the statement,\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/4.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=641911"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641911\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641873"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641911"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641911"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}