Topic

Careem

Interview with Muzaffar Narejo, Chief of Staff – BusCaro: ‘Mobility can’t scale without enforcement’

Updated 13 Feb, 2026 07:31am

Muzaffar Narejo is the Chief of Staff at BusCaro, working across product, operations, finance, and expansion to...

OPINION: Exodus of MNCs

Updated 25 Nov, 2025 08:06am

In a recent development, another multinational conglomerate, Lotte Corporation of South Korea, has divested its...

Aurangzeb explains why MNCs are leaving Pakistan

Published 23 Oct, 2025 11:07am

Finance Minister Muhammad Aurangzeb has said that while some multinational companies have exited Pakistan, new...

Coming full circle: how ex-Careem MD Junaid Iqbal ended up founding Caravan Media in Dubai

Published 20 Sep, 2025 05:43am

'The GCC has an opportunity challenge. It has too much opportunity, and the world doesn’t understand it yet,' said Iqbal

Yango, inDrive and GoEasy: Who will benefit from Careem’s exit?

Published 16 Jul, 2025 03:57pm

Careem's departure from Pakistan will leave a hole in the ride-hailing, courier and shuttle service sectors. Who will take advantage of this?

Pakistan’s shrinking tech landscape: global companies exit amidst capital crunch

Updated 04 Jul, 2025 05:39pm

Pakistan’s once-promising tech startup ecosystem is in crisis. Once poised to be the next emerging-market for...

Careem’s exit from Pakistan’s ride-hailing market

Updated 30 Jun, 2025 11:03pm

In June 2025 Careem, the Dubai-based ride-hailing pioneer (now part of Uber), announced it would suspend its...

Careem to suspend decade-old Pakistan service

Published 19 Jun, 2025 05:53am

KARACHI: After more than a decade of operations, Careem announced on Wednesday that it will shut down its...

Careem to end ride-hailing services in Pakistan, blames ‘challenging macroeconomic reality’

Published 18 Jun, 2025 01:44pm

Careem Technologies will continue to build from Pakistan for the region

Careem partners with PSO to simplify Captains’ journey

Published 06 Dec, 2024 09:00am

KARACHI: Careem and Pakistan State Oil (PSO) have collaborated to offer PSO’s products and services on discounts ...

Thinking of travelling to Dubai? here are some recommendations this season

Updated 08 Nov, 2024 06:55pm

Along with expanding on businesses and cultural events, the city is also rapidly building infrastructure to house new residents and the increasing influx of tourists

TECNO, Careem sign MoU

Published 05 Jul, 2024 03:17am

KARACHI: TECNO Pakistan and Careem have signed MoU for an exciting Raffles Campaign, offering users the chance to ...

Uber app closes Pakistan chapter, ceases operations in Lahore

Updated 30 Apr, 2024 09:54pm

Operations in South Asian country to continue through subsidiary Careem

Onic & Careem sign MoU to forge strategic alliance

Published 01 Apr, 2024 05:34am

ISLAMABAD: Onic, the new digital telco brand in Pakistan and Careem, the leading ride-hailing platform in Pakistan,...

Can ride-hailing, logistics and delivery companies lead an EV revolution in Pakistan?

Published 05 Mar, 2024 08:21pm

KARACHI: Pakistan is seeing a massive surge in intent and efforts when it comes to adopting electric vehicles (EV),...

Careem, DUHS agree to offer discount packages for students

Published 02 Mar, 2024 04:16am

KARACHI: Careem and Dow University of Health Sciences have announced a collaboration aimed at improving student...

Careem co-founder Mudassir talks AI and sustainability on GITEX sideline

Updated 18 Oct, 2023 07:06pm

Autonomous driving will be ‘last frontier’ of AI disruption for us, says ride-hailing company's CEO Mudassir Sheikha

High fuel prices are changing the landscape of ride-hailing: how are the players responding

Published 04 Aug, 2023 01:03pm

The government, as its parting gift, increased petrol and high-speed diesel prices by nearly 8% in one go. Petrol...

Airport transportation in Karachi: Careem partners with White Car

Published 18 Jul, 2023 05:51am

KARACHI: Careem has announced its collaboration with White Car, a renowned local car service provider in Karachi....

Startups in Pakistan: where shutdowns kill competition

Published 06 Jul, 2023 03:16pm

The past few quarters have proved to be horrendous for Pakistan’s startup sector with the country experiencing major...

Careem launches mass-commute service

Published 18 May, 2023 06:10am

KARACHI: Careem has introduced mass-commute services for corporate clients across all major cities in Pakistan as...

As mobile broadband remains suspended, Careem launches 'helpline' bookings in Karachi

Published 11 May, 2023 11:54pm

Rides will be cash-based since digital payments are also hindered

Suspension of mobile broadband: telecom operators lose Rs820mn, source says

Updated 10 May, 2023 07:16pm

Ride-hailing, food delivery cite ‘drastic’ impact in business

UAE’s e& to acquire majority stake in Careem’s Super App for $400mn

Published 10 Apr, 2023 11:30am

Investment comes as Emirates Telecommunications Group Company looks at scaling up consumer digital offerings

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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