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Careem

Credit, debit cards: Careem introduces digital payment visibility for ‘captains’

KARACHI: Careem has introduced visibility for credit/ debit card payments to all its ‘captains’ across Karachi,...

Published 14 Sep, 2022 04:45am

Technology

Play Tests not T20s in business, IT sector stalwarts advise startups

KARACHI: IT sector stalwarts have advised startup founders to play the long game and avoid going for the quick buck,...

Published 24 Aug, 2022 09:17pm

Technology

CarFirst announces shutdown of operations in Pakistan

Says team will remain in place to handle closing of the entity, and to respond to queries from partners and customers throughout the closing period

Updated 20 Aug, 2022 11:16am

Business & Finance

Dubai-based founder of 3 startups says VC ecosystem in Pakistan will find its footing

Dubai-based Zohare Haider, founder of three startups including a digital agency and a restaurant information...

Updated 11 Aug, 2022 10:44am

Perspectives

Businesses and their 'political' statements: riding the wave?

On Tuesday night, the Supreme Court of Pakistan declared declared PML-Q leader Chaudhry Pervaiz Elahi as ...

Published 29 Jul, 2022 01:02am

Business & Finance

From seeing a startup go belly up, Careem CEO Mudassir Sheikha has come a long way

At 21, Mudassir Sheikha saw the startup he worked for go belly-up, forcing the then young-graduate to introspect....

Updated 20 Jul, 2022 09:45am

Technology

Posterchild of Pakistan's startups: Airlift announces complete shutdown

Company says it will ensure all of its employees are 'sufficiently protected' with two months of payroll, setting up platform for job placement, and creating support systems for aspiring entrepreneurs

Published 13 Jul, 2022 02:08am

Business & Finance

Careem launches carpooling service

KARACHI: Given the massive hike in global fuel prices, the everyday office-goer is the most affected by the current...

Published 29 Jun, 2022 07:27am

Pakistan

Vitol-backed VavaCars announces shutting down Pakistan operations

The company notified raising $50mn last year to expand operations in Pakistan and Turkey

Published 23 Jun, 2022 09:21pm

Business & Finance

TDCP joins hands with Careem

LAHORE: To increase the magnitude of tourism in Punjab, the Tourism Development Corporation of Punjab (TDCP) has...

Published 03 Jun, 2022 05:56am

From Moody's to Miftah: in case you missed Thursday's developments, here is a rundown

Pakistan's economy has been the centre of attention for several months with inflation readings, hike in interest...

Published 03 Jun, 2022 12:50am

Technology

Careem suspends food-delivery business in Pakistan over unfavourable economic conditions

Wants to redirect efforts to ride-hailing and delivery verticals

Published 02 Jun, 2022 05:52pm

Business & Finance

Careem Pakistan to invest $25m in 2022

KARACHI: Careem has announced an investment of $ 25 million to further simplify and improve Captains’ and...

Published 09 Apr, 2022 04:39am

Technology

Careem Pay gets SBP’s In-Principle Approval for EMI licence

Careem says fintech affiliate plans to invest $50mn to leapfrog the fintech ecosystem in Pakistan

Published 30 Mar, 2022 03:55pm

Pakistan

Careem maps over 600 govt vaccination centres on its Super App

KARACHI: Careem has partnered with National Command and Operations Centre (NCOC) to map 600 government vaccination...

Published 01 Feb, 2022 04:07am

Pakistan

Feroz appointed Careem’s country head for Pakistan

KARACHI: Careem has appointed Feroz Jaleel as Country Head for Pakistan, its biggest market in the region. Feroz...

Published 07 Jan, 2022 06:22am

Pakistan

Pakistan can benefit from Dubai’s ‘structured’ approach to boosting startups

KARACHI: Business in general, and startups in particular, love to set up shop in Dubai. And why wouldn’t they? It...

Updated 24 Dec, 2021 09:59am

Business & Finance

Careem to bring bonuses back to captains

KARACHI: Careem has decided to bring back the captain bonuses in Karachi, Lahore and Islamabad aimed at increasing...

Published 15 Dec, 2021 06:34am

Pakistan

Careem says its ride-hailing services hit by Covid-19, inflation

ISLAMABAD: Careem – the supper app invested $100 million during last five years and created 0.8 million employment...

Updated 02 Dec, 2021 09:51pm

Pakistan

Careem slashes its bike commission to 15pc

KARACHI: Careem has announced to slash its commission from 25 percent to 15 percent on its Bikes, Delivery and Order...

Published 16 Nov, 2021 04:26am

Pakistan

Careem further strengthens its safety protocols

KARACHI: Careem has further strengthened its safety protocols by onboarding specialized agencies including Mohafiz...

Published 30 Oct, 2021 04:37am

Pakistan

Careem distributes free helmets

KARACHI: In essence of highlighting the significance of road safety, Careem has collaborated with the Sindh Police...

Published 15 Sep, 2021 04:20am

Pakistan

‘Easypaisa democratising financial services, minimising fraud/illegal activities’

ISLAMABAD: Easypaisa is democratising financial services, while minimising fraud/illegal activities and encouraging...

Published 12 Aug, 2021 04:34am

Business & Finance

WorldCall says it will launch a ride-hailing service like Uber/Careem

Foresees launch of service early next year having carried out market research and feasibility study

Published 26 Jul, 2021 04:54pm

Pakistan

CCP initiates probe against Foodpanda

ISLAMABAD: The Competition Commission of Pakistan (CCP) has initiated an enquiry against the online food delivery...

Published 08 Jul, 2021 04:22am

Pakistan

Careem co-founder donates $2m to LUMS for Sekha Scholarship

ISLAMABAD: LUMS has received a generous donation of US two million dollars by Mudassir Sheikha, CEO and Co-founder...

Updated 19 May, 2021 10:13am

Pakistan

COVID-19 vaccination: Careem introduces new service

KARACHI: Careem has released a new feature in its super app, which enables users to book a ride to any Covid-19...

Published 30 Mar, 2021 05:45am

Pakistan

International Women’s Day: Careem’s 1,586 female captains take over 570,000 rides

KARACHI: On the occasion of International Women’s Day, Careem released its 5 yearly trend (2016-2021) showing that...

Updated 09 Mar, 2021 09:40am

Pakistan

Women bikers’ rally held at PNCA

ISLAMABAD: The Bedari Foundation organized a ‘Women Biker’s Rally’ here on Saturday at ‘ Pakistan National...

Updated 07 Mar, 2021 05:21pm

Business & Finance

Careem monetizes fleet, partners with Lambda

KARACHI: Careem has announced a Digital-Out-of-Home (DOOH) ad platform by partnering with Lambda Marketing ...

Updated 24 Feb, 2021 09:38am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	4.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	302 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	63.80 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	576.57 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	8.01 ▼ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	79.57 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	4.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	302 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	63.80 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	576.57 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	8.01 ▼ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	79.57 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	228.30
USD PKR Interbank Buying / Oct 3	227.30
USD to Japanese Yen / Oct 3	144.50
USD to Swiss Franc / Oct 3	0.99
Pound Sterling to USD / Oct 3	1.13
Euro to USD / Oct 3	0.98
UK LIBOR % / Oct 3	3.06

Stock	Volume
S&P 500 / Oct 3	3678.43
India Sensex / Oct 3	56788.81
Tokyo Nikkei / Oct 3	26215.79
Nasdaq / Oct 3	10815.43
Hang Seng / Oct 3	17079.51
FTSE 100 / Oct 3	6908.76
Dow Jones / Oct 3	29490.89
Germany DAX 30 / Oct 3	12209.48
France CAC40 / Oct 3	5794.15

Item	Value
Crude Oil USD/Barrel / Oct 3	83.30
Karachi Cotton PKR/37.32 KG / Oct 3	19235
Gold 10 Grams PKR / Oct 3	125429
Gold Spot USD/Ounce / Oct 3	1700.84
Cotton US¢/pound / Oct 3	84.20

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