Trends - Careem - Business Recorder

Careem

Careem partners with PSO to simplify Captains’ journey

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

Published 06 Dec, 2024 09:00am

Perspectives

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

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

Updated 08 Nov, 2024 06:55pm

Business & Finance

TECNO, Careem sign MoU

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

Published 05 Jul, 2024 03:17am

Technology

Uber app closes Pakistan chapter, ceases operations in Lahore

Operations in South Asian country to continue through subsidiary Careem

Updated 30 Apr, 2024 09:54pm

Business & Finance

Onic & Careem sign MoU to forge strategic alliance

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

Published 01 Apr, 2024 05:34am

Business & Finance

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

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

Published 05 Mar, 2024 08:21pm

Pakistan

Careem, DUHS agree to offer discount packages for students

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

Published 02 Mar, 2024 04:16am

Technology

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

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

Updated 18 Oct, 2023 07:06pm

Technology

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

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

Published 04 Aug, 2023 01:03pm

Business & Finance

Airport transportation in Karachi: Careem partners with White Car

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

Published 18 Jul, 2023 05:51am

Perspectives

Startups in Pakistan: where shutdowns kill competition

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

Published 06 Jul, 2023 03:16pm

Business & Finance

Careem launches mass-commute service

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

Published 18 May, 2023 06:10am

Business & Finance

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

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

Published 11 May, 2023 11:54pm

Technology

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

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

Updated 10 May, 2023 07:16pm

Technology

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

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

Published 10 Apr, 2023 11:30am

Pakistan

Careem introduces in-app donations

KARACHI: In the spirit of the auspicious month of Ramazan, Careem, the pioneer of ride-hailing services in Pakistan,...

Published 08 Apr, 2023 06:21am

Pakistan

Careem to launch female-driven bike service for women

KARACHI: On the occasion of International Women’s Day, Careem has announced plans to launch a new women-driven...

Published 08 Mar, 2023 06:20am

Pakistan

Careem intends to launch women-driven motorbike service for Pakistani females

Careem, the global ride-hailing service, announced on Tuesday its plan to launch a new women-driven motorbike...

Published 07 Mar, 2023 06:14pm

Pakistan

Careem celebrates 10-year anniversary with documentary

ISLAMABAD: Careem celebrated its 10-year anniversary with a documentary titled “A Decade in Motion”, capturing...

Published 24 Feb, 2023 06:00am

Business & Finance

Careem partners with Fly Jinnah to expand C4B portfolio

KARACHI: Careem has partnered with Fly Jinnah, a new private airline, to expand its corporate portfolio called ...

Published 02 Feb, 2023 06:12am

Business & Finance

Careem partners with GOPL for discounts on fuel

KARACHI: Careem, the pioneer of ride-hailing in Pakistan, has achieved yet another milestone by partnering with the...

Published 17 Jan, 2023 06:02am

Business & Finance

Careem partners with Lulu Exchange

KARACHI: Careem has partnered with Lulu Exchange, one of UAE’s largest licensed remittance providers, to launch...

Published 12 Jan, 2023 05:51am

Technology

Careem hits milestone of 1 billion rides with Pakistan clocking in highest contribution

Total number of rides recorded in Pakistan are at 299 million

Published 29 Nov, 2022 03:35pm

Business & Finance

Fuel management solution: Shell Pakistan partners with Careem, Muawin

KARACHI: Shell Pakistan Limited collaborated recently with Careem and Muawin to provide a fuel management solution...

Published 11 Nov, 2022 06:02pm

Uber exits five cities, to continue services via unit Careem

KARACHI: Uber Technologies Inc will discontinue its ride-hailing services app in five cities in Pakistan including...

Published 12 Oct, 2022 06:20am

Technology

Uber discontinues ride-hailing services in 5 cities

Riders from Karachi, Islamabad, Faisalabad, Multan and Peshawar will no longer be able to use service
Careem says it remains bullish on its commitment to Pakistan

Updated 11 Oct, 2022 03:44pm

Business & Finance

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Petrol/Litre / Jun 13	253.63
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Diesel/Litre / Jun 13	254.64
Cotton US¢/pound / Jun 13	67.63

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.80 ▲ 0.87 (45.08%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.48 ▲ 0.36 (16.98%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.55 ▲ 0.94 (14.22%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	79.17 ▲ 7.2 (10%)
Dewan Automotive Eng. / Jun 13 Dewan Automotive Engineering Limited(DWAE)	36.74 ▲ 3.34 (10%)

Stock	Price
Kohinoor Power / Jun 13 Kohinoor Power Company Limited(KOHP)	6.01 ▼ -0.67 (-10.03%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.58 ▼ -4.4 (-10%)
Al-Khair Gadoon / Jun 13 Al-Khair Gadoon Limited(AKGL)	41.11 ▼ -4.57 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Calcorp Ltd / Jun 13 Calcorp Limited(CASH)	44.15 ▼ -4.85 (-9.9%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Redco Textile / Jun 13 Redco Textiles Limited(REDCO)	23.51 ▼ -2.48 (-9.54%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	38.49 ▼ -3.71 (-8.79%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	68,110,948 ▲ 0.87
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	19,308,740 ▲ 0
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	16,791,520 ▲ 0.74
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	14,987,186 ▼ -0.32
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	14,684,481 ▲ 0.36
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	14,492,494 ▼ -0.12
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	13,611,770 ▲ 1
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	13,601,715 ▼ -0.24
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	13,086,516 ▼ -0.49
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	11,309,453 ▼ -0.27

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