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Why Careem’s ride-hailing chapter in Pakistan is ending after nearly a decade

Why Careem’s ride-hailing chapter in Pakistan is ending after nearly a decade

In 2019, Pakistan was the company’s single largest market, accounting for nearly 30% of its billion cumulative rides. Six years later, Careem's ride-hailing days in Pakistan are numbered.

Jun 19, 2025

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4 min read

Why Talabat isn’t rushing into Saudi Arabia

Why Talabat isn’t rushing into Saudi Arabia

Six months after its blockbuster IPO, Talabat is prioritising margins, loyalty, and strategic M&A over market conquest.

Jun 11, 2025

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5 min read

Tamara turned a profit, but the real story is how

Tamara turned a profit, but the real story is how

Saudi Arabia’s fintech crown jewel is now profitable. But its Q1 financials come with caveats, and reveal a seemingly quiet re-architecture of its business model.

Jun 4, 2025

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3 min read

The return of the SPAC, Saudi-style

The return of the SPAC, Saudi-style

What the CMA’s new draft framework tells us about the next chapter of public markets in the region.

May 29, 2025

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3 min read

Why are we suddenly seeing a surge in funding for Egyptian startups?

Why are we suddenly seeing a surge in funding for Egyptian startups?

As of mid-May, Egyptian startups have raised $124 million across at least six major deals, a 406% YoY surge and a staggering 8,000% MoM increase.

May 23, 2025

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2 min read

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