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UAE First Country to Green-Light Uber’s Acquisition of Careem

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Uber announced UAE’s Minister of Economy Sultan al-Mansouri approved and cleared the first regulatory hurdle of its acquisition of Careem, making it the first country involved to grant its approval.

 

Earlier in April, Uber announced it reached an acquisition deal of $3.1 billion with Careem that’s the largest of its kind in MENA.





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