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UAE s e& Group to acquire a majority stake in Careem

Careem plans to use the proceeds from the new investment to accelerate its ambitious vision to create the first ‘everything app’

Saudi arabiaCity ofUnited kingdomArabia etihad etisalat mobilyHatem dowidarKhalifa al shamsiLondon stock exchangeMorocco maroc telecom groupUber technologiesCareem super appMiddle eastCareem plusNorth africaAbu dhabi basedEtisalat investment north africaMaroc telecom group

UAE s e& raise stake in Vodafone to 14 per cent

e&, which initially acquired a 9.8 per cent stake in Vodafone for $4.4bn in May 2022, said its investment rationale remains unchanged

Saudi arabiaArabia etihad etisalat mobilyMorocco maroc telecom groupVanguard groupService soukLondon stock exchange listed vodafoneAbu dhabi basedEtisalat investment north africaEtihad etisalatSouth koreaBespin globalMiddle eastFinance globalMiddle easternBrand finance

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