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☆ Palestinian man grieves for 3-year-old granddaughter killed as she slept in Gaza
▼ + stars: | 2023-11-29 | by ( Jomana Karadsheh | Florence Davey-Attlee | ) edition.cnn.com time to read: +6 min

CNN —Picking through the rubble of his destroyed home, Khaled Nabhan lifts a doll that had belonged to his granddaughter and kisses it. Khaled said he woke up screaming for his children and grandchildren, struggling to walk through the dark and the wreckage to find them. In one clip, Nabhan throws his granddaughter into the air and catches her while Reem giggles with delight. In the battered bedroom of their house in Gaza, Nabhan showed CNN where his daughter Maysa — Reem and Tarek’s mother — was sleeping when the house collapsed. Reem Nabhan.

Persons: Khaled Nabhan, Tarek, Nabhan, “, ”, Clutched, Khaled, CNN Nabhan, Reem, “ I’ll, Maysa —, —, Maysa, ” Maysa, Reem Nabhan, António Guterres, Israel, Reem's, ” Nabhan Organizations: CNN, Palestinian Ministry of Health, West Bank, UN, ” Locations: Al Nuseirat, Gaza, Israel

☆ A couple invested $29,500 into buying a soccer franchise in 2018 to start making passive income. They explain how they grew to 2 locations and have done more than $1 million in revenue.
▼ + stars: | 2023-08-30 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

Ultimately, they went with Soccer Shots, a children's program that partners with local schools to help kids develop both soccer and life skills. The Halls bought their first Soccer Shots franchise in 2018. They also had to put together a PowerPoint presentation for Soccer Shots' executive team at the headquarters in Pennsylvania. Buying their first Soccer Shots for $29,500 plus additional start-up costsSoccer Shots officially offered the franchise to the Halls in September 2018. On average, they spend one to two hours a week working on Soccer Shots.

Persons: Erika, Kareem Hall, Kareem, they'd, that's, it's, Jon Brock, Rachael Victoria, Brock, they've, Erika Hall, That's Organizations: Soccer Shots, Emory, Bain, Accenture, Primrose Schools, Shots, Soccer Locations: Atlanta, Dekalb County, Pennsylvania, —, Covid

☆ Tech workers blast startup CEO who said he didn't want to hire workers focused on pay, or those who want to 'clock in and out'
▼ + stars: | 2023-06-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Careem CEO Mudassir Sheikha said he didn't want to hire people focused on high pay or work hours. Some workers on Blind called the CEO's LinkedIn post "tone deaf" and "cringe." Tech workers took to the employee-forum Blind to criticize a startup CEO after he wrote a list of characteristics that he didn't want in new hires, including staff who prioritized pay and wanted to "clock in and clock out" of work. The Roblox employee was one of many tech workers to take issue with the LinkedIn post. "A honest, helpful & concise description of the company culture from the CEO," Shankar said.

Persons: Mudassir Sheikha, Careem, We're, Binod Shankar, Shankar, I've Organizations: LinkedIn, Morning, Tech, Uber, Microsoft, Startup, United Arab Emirates, National Locations: Careem, Dubai

☆ UAE's e& takes $400 mln majority stake in ride-hailer Careem's Super App
▼ + stars: | 2023-04-10 | by ( Lisa Barrington | ) www.reuters.com time to read: +1 min

DUBAI, April 10 (Reuters) - Emirates Telecommunications Group Company (EAND.AD) has agreed to take a 50.3% stake in a super app managed by Careem, Uber Technologies' (UBER.N) Middle East subsidiary, in a transaction valued at $400 million, e& said in a filing on Monday. The Super App will be managed by Careem founders Mudassir Sheikha and Magnus Olsson, said the company, formerly known as Etisalat Group and now called e&. The ride-hailing business will be separated from the Careem Super App business and will be fully owned by Uber, but will still be available on the super app. Careem began seeking outside investors last year to help finance its Super App, which offers services outside its core ride-hailing business such as food delivery, bike rentals, digital payments and courier services. Uber and Careem's co-founders Sheikha, Olsson and Abdullah Elyas have the remaining stakes in the super app, a Careem spokesperson said.

☆ Uber-owned Careem launches spinout with $400 million investment from UAE tech holding company e&
▼ + stars: | 2023-04-10 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Uber-owned ride hailing service Careem announced on Monday a spinout with major backing from a new source, as well as from its parent company. Abu Dhabi-based tech holding company e&, formerly Etisalat, signed a binding agreement with Uber Technologies to acquire a 50.03% majority stake in the spinout — which will be known as Careem Technologies — with a $400 million investment. Careem Technologies will focus on the growth of the company's "super app," which offers dozens of services beyond ride hailing in one app. "e& is investing $400m to become a majority shareholder in Careem's Super App alongside Uber and all three of Careem's co-founders," a statement from e& said. Established in 2012 in Dubai by co-founder and CEO Mudassir Sheikha, the company grew from a Dubai-based ride sharing firm to a "Super App" platform, used across the Middle East from Morocco to Pakistan.

DUBAI, March 28 (Reuters) - Uber Technologies' (UBER.N) Middle East subsidiary Careem is in advanced talks with Emirates Telecommunications Group Company (EAND.AD) to invest in its expansion into services beyond ride-hailing, five sources with knowledge of the matter told Reuters. Careem began seeking outside investors last year to help finance its Super App, which offers services outside its core ride-hailing business such as food delivery, bike rentals, digital payments and courier services. While Uber owns Careem's app and its around 50 million registered users, the newly-created investment vehicle will have a service level agreement with the app and its solutions, the source said. Careem's co-founder and Chief Executive Mudassir Sheikha, a former McKinsey executive, has long been a proponent of the Super App strategy to expand beyond ride-hailing. Uber, which shut down its Uber Eats operations in the Middle East in 2020, is focused on ride-hailing in the UAE.

☆ Uber-backed ride hailing app Careem is halting its operations in Qatar
▼ + stars: | 2023-02-28 | by ( Emma Graham | ) www.cnbc.com time to read: +3 min

The Careem ride-hailing app on a phone outside the Mall of the Emirates in Dubai, United Arab Emirate. Uber-backed ride hailing service Careem announced on Tuesday an end to its operations in Qatar. While regulatory approvals in other countries were obtained, unfortunately, this did not happen in Qatar," Uber told CNBC. Careem told CNBC it "will no longer provide ride hailing services in the country as of 28 February 2023." Dubai-based Careem, which in other markets across the region offers its "Super App," initially ran a ride-only platform in Qatar, but launched food delivery in Qatar last February.

☆ You can take a 500-mile round-trip taxi from Saudi Arabia to the Qatar World Cup for $532
▼ + stars: | 2022-11-18 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

A fixed $266 each way (1000 Saudi riyals), or $532 for the round-trip, with a maximum of three passengers per taxi. Bassel Al Nahlaoui, Careem's managing director for mobility, thinks so. To this end, contingencies have also been put in place if riders or drivers face problems or unruly behavior, Al Nahlaoui said. In case the drivers themselves face trouble from passengers, "our captains have the same access to care that our customers have," Al Nahlaoui said. Al Nahlaoui says he hopes this won't be the case this time, and that the company has amply prepared for the massive influx of people.

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