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Zain, Careem Sign New Deal

Press release
Published November 21st, 2017 - 11:41 GMT

Zain KSA has come up with an innovative idea that will further improve Careem’s operational efficiency.
Zain KSA has come up with an innovative idea that will further improve Careem’s operational efficiency.
In a move that will enhance the expansion of communication and information technology services in Saudi Arabia, Zain Saudi Arabia signed a cooperation agreement with Careem, A leading company in car-booking services in the region.

The agreement will contribute to achieving the objectives of the National Transformation Program (NTP) 2020.

Zain KSA has come up with an innovative idea that will further improve Careem’s operational efficiency. By providing two standard numbers for the driver and passenger, the two partners intend to protect and preserve the privacy of both individuals.

The agreement was signed by Zain Saudi Arabia CEO Peter Kaliaropoulos and Careem CEO Abdullah Al-Yas.

Commenting on the deal, Zain Saudi Arabia CEO said: “Our mission is to work diligently to support the Vision 2030 by building knowledge based on diversification of the economy, and by actively contributing to achieving that goal. We, at Zain Saudi Arabia, are pleased to sign such agreements that are in line with our strategy to develop digital solutions and innovations, and support digital enterprises in the Saudi market.”

Careem is also one of the leading companies in mobile car-booking services in the Saudi market. That, in turn, provides the young and ambitious Saudis with thousands of job opportunities. Therefore, this agreement is expected to create more employment opportunities for Saudis.
 
Source: Arab News

Background Information

Zain

Zain is the pioneer of mobile telecommunications in the Middle East. We began life in 1983 in Kuwait as the region’s first mobile operator, and since the initiation of our expansion strategy in 2003, we have expanded rapidly. Today, we are a leading mobile voice and data services operator with a commercial footprint in 8 Middle Eastern and Africa countries with a workforce of over 6,000 providing a comprehensive range of mobile voice and data services to over 50 million active individual and business customers as of March 31, 2019.

Company Profile

CAREEM

Careem is the technology platform for our region. A region of over 600 million people that extends from Morocco to Pakistan, Turkey to Sudan. It’s an area of the world that up until now, has largely missed out on the transformational power of the internet revolution – but through its ambition and focus is catching up fast. Half of the population are under 25, and the same amount are connected to the internet yet only a small proportion have bank accounts, access to public transport and critical infrastructure.

 

Company Profile

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