
Careem invests $50 Mn in its new Super App as a part of COVID-19 revival plans
Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.

Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.

A 27-year-old Dubai-based entrepreneur Kareem Elmashad, also known as Kareem Zoro launched the I am Dubai app in March 2019.

Delivery & Transport sector stood at first place in terms of amount raised in the last fiscal year. Let's now look at the top-funded delivery & logistics startups in the MENA.

Mark Bachayani, co-founder of BuyAnyInsurance.com, shared the reasons he thinks online is the only place to be for the future of global business.
![[Magazine] MENA Top 35 Power Businesswomen 2020](https://laffaz.com/wp-content/uploads/2020/05/magazine-mena-top-35-power-businesswomen-2020-768x402.jpeg)
The magazine encompasses a list of 35 Most Powerful Businesswomen of MENA (Middle East & North Africa) and interviews with startup ecosystem enablers.

Here’s to our second conversation in the series #StartupsVCovid19 with Laila Hassan, who is the Principal at 500 Startups.

Intel on Monday announced that the company has acquired the HaMerkaz, Israel headquartered mobility startup Moovit for $900 million.

Gurugram, India-based travel and hospitality startup, Travel Triangle has relieved its CEO Sankalp Agarwal and CTO Prabhat Gupta.

Careem has recently announced that it is officially laying off 31 percent of its employees in a wake of huge losses amid the COVID-19 crisis.

The foodtech joint of the international ride-hailing unicorn Uber has shut down its operations in a total of 7 markets including Egypt and Saudi Arabia.

Motery.app offers a gamut of automotive services through its seamless mobile application, available for both iOS and Android.

The conversation about the impact of COVID-19 on the MENA startup ecosystem, the opportunities, problems, and solutions with Mr Ramesh Jagannathan