Uber confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board made up of three representatives from Uber and
Bahrain announced its participation in the Dakar Rally, to be held in Saudi Arabia from January 5 to 17. The first rally in the Middle East will see victorious X-raid team racing for Bahrain in their first self-developed and constructed Mini John Cooper Works and Mini John Cooper Works Buggy, the Bahrain team will include
STARZPLAY, the leading subscription video on demand (SVOD) service, has entered into a partnership with Asiacell in Iraq, a leading provider of quality mobile telecommunications and data services with a subscriber base of over 14 million customers. STARZPLAY’s streaming service will be available to all Asiacell’s ‘UNLIMITED’ monthly package subscribers. Asiacell, with its subscriber base of
The National Central Cooling Company PJSC (DFM: Tabreed), the leading international district cooling developer based in the UAE, has acquired an additional 8 percent stake in Saudi Tabreed, its district cooling investment vehicle in Saudi Arabia held jointly by Vision Invest (formerly ACWA Holding), IDB Infrastructure Fund II of the Public Investment Fund of Saudi
Mohammed bin Rashid Center for Islamic Culture of the Islamic Affairs and Charitable Activities Department (IACAD) organised a ceremony to celebrate distinguished students from the Department of Students’ Affairs courses in 2019. The ceremony was attended by Mr. Ali Hassan Al Marzouqi, Director of the Research Department at IACAD, and over 150 students, their families,
