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Dubai’s Careem rides high after $3bn Uber buyout
Given the Middle East’s longtime focus on the oil industry, it may be unsurprising that it was not until 2016 that the region produced its first “unicorn” — a tech group valued at $1bn or more. By tapping into the region’s youthful, tech-savvy populations, Careem, a Dubai-based ride-hailing group, has…
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Click here to read the full story: FT Adviser