{"id":649265,"date":"2017-04-27T04:06:04","date_gmt":"2017-04-27T04:06:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/how-do-you-create-200k-new-jobs-in-four-years-create-a-ride-sharing-service-careem-says\/"},"modified":"2017-04-27T04:06:04","modified_gmt":"2017-04-27T04:06:04","slug":"how-do-you-create-200k-new-jobs-in-four-years-create-a-ride-sharing-service-careem-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/how-do-you-create-200k-new-jobs-in-four-years-create-a-ride-sharing-service-careem-says\/","title":{"rendered":"How do you create 200k new jobs in four years? Create a ride-sharing service, Careem says."},"content":{"rendered":"<p><strong>How do you create 200k new jobs in four years? <\/strong>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":649266,"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":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"da7bd06f-ce77-4863-a514-6fc95617acdb","order":"0","is_powered_by":true,"section_story_id":"185e5bce-cd25-497b-91c2-f4b18310eb79","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/4\/1033.png","photo_position":"above","related_issue":[649262],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How do you create 200k new jobs in four years? Create a ride-sharing service, Careem says. - 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\/04\/27\/how-do-you-create-200k-new-jobs-in-four-years-create-a-ride-sharing-service-careem-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How do you create 200k new jobs in four years? Create a ride-sharing service, Careem says.\" \/>\n<meta property=\"og:description\" content=\"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. 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Homes developed by the private sector will be sold to low- and middle-income families and individuals under the same conditions as those sold by the state\u2019s Mortgage Finance Fund, cabinet said in a statement following\u2026","rel":"","context":"In &quot;Cabinet watch&quot;","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597774,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/05\/egyptian-competition-authority-uber-careem-meet-to-smooth-out-regulatory-snags-in-merger-process\/","url_meta":{"origin":649265,"position":4},"title":"Egyptian Competition Authority, Uber, Careem meet to smooth out regulatory snags in merger process","author":"enterpriseam admin","date":"5 May 2019","format":false,"excerpt":"Competition authority meets with Uber, Careem on merger: The Egyptian Competition Authority (ECA) met on Thursday with representatives from Uber and Careem to discuss the regulatory approvals necessary for the ride-hailing companies\u2019 planned merger, the ECA said in a statement (pdf). The sit-down \u201cfocused on the extent to which investments\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/05\/ubereats-exits-middle-east-as-subsidiary-careem-announces-layoffs-closes-bus-service\/","url_meta":{"origin":649265,"position":5},"title":"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service","author":"enterpriseam admin","date":"5 May 2020","format":false,"excerpt":"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service: Ride-hailing giant Uber\u2019s plans for expansion in the MENA region took a hit yesterday after the company announced that it would discontinue its food delivery platform UberEats regionwide. The company has struggled to gain a foothold in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/32.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\/649265","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=649265"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649265\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/649266"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649265"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649265"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}