Event will showcase recent transport and automobile-related start-ups
The agreement will see the creation of a new app to allow users to access bikes as its stations
European portal Talixo said it has seen interest from potential investors in the region
The Dubai-based ride-hailing platform, which was acquired by Uber for AED11.39-billion this year, first launched Careem Bus in Egypt, where it received a strong market response.
Fadi Ghandour, the founder of Aramex, says Uber's acquisition of Careem is going to be transformative for the UAE's start-up sector, creating hundreds of new entrepreneurs.
Uber’s acquisition of Careem would come ahead of its imminent initial public offering, which could be one of the New York Stock Exchange’s biggest-ever listings