According to a report by Bloomberg, which cited people familiar with the matter, the Uber rival plans to raise the money as a precursor to a possible initial public offering and the fund-raising round could value Careem at as much as $1.5 billion.
News, Opinion
Cisco executive outlines Top 5 tips for mitigating the threat of device sharing
Martin Lee, EMEA Lead for Cisco Talos, outlines his 5 top tips to mitigate the ongoing threat of device sharing, … 0 914
Dubai Municipality signs new deal to power transformation initiatives
Dubai Municipality announced a strategic collaboration with Dell EMC to create an integrated and agile technology foundation.
“We are off to a terrific start in 2018,” says Uber chief
Uber’s revenue revved in the first quarter of this year and that its value climbed to $62 billion in a new funding round, AFP reported.
UAE the most competitive nation in the region
The UAE has achieved the top ranking in the region and seventh ranking worldwide for global competitiveness, according to the latest edition of the World Competitiveness Yearbook 2018, published by the Swiss based Insatiate of Management Development (IMD) that was unveiled on Thursday.
Are we ready for cyborg technologies?
The term cyborg became popular after the release of the movie The Terminator in 1984. “The 600-series had rubber skin. We spotted them easy, but these are new. They look human… sweat, bad breath, everything. Very hard to spot.”
RAK accelerates e-commerce drive
Ras al-Khaimah Economic Development Department has launched a range of recent incentives that include the “Virtual Merchant Licence Initiative,” WAM reported.
How FVC is strengthening operations for 2018
FVC’s chairman and MD KS Parag and CEO Sanjay Ahuja on growing the business to the next level and the …
Dubai unveils world’s first virtual charity institution
The Islamic Affairs and Charitable Activities Department, in corporation with Dubai Future Foundation, has developed two artificial intelligence (AI) projects – the‘ Virtual Charity Foundation’ and ‘Virtual Ifta’.
Sci-Fi becoming a reality to dominate business conversations: study
Frost & Sullivan’s Visionary Innovation team has recently release a study highlighting the forces poised to create the biggest impact this year and explores trends spanning geographies, industries, and applications to offer a comprehensive view of the change agents.
Dubai rolls out region’s first cloud-based flight info display
Dubai Airports, in partnership with Samsung Electronics and AirportLabs has achieved another first in the region by rolling out an advanced cloud-based Flight Information Display solution along with System on Chip (SoC) display technology.