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Under the agreement, e& will divest 12.5% of its 50.03% holding in Careem. Watch the Zawya video here:
VIDEO: UAE’s e& to sell part of Careem stake to Uber for $100mln
Emirates Telecommunications Group Company PJSC (e&) has signed a binding agreement with Uber Technologies to sell a portion of its stake in Careem Technologies for $100 million in cash
June 3, 2026
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