The Center for Entrepreneurship Fireside Chat, “The Future of the Sharing Economy in the Middle East: The Case of Careem,” organized by the Center for Entrepreneurship, School of Business, The American University in Cairo (AUC).
Careem, the MENA region’s locally founded app-based car service, will share their secret to becoming one of the fastest growing tech startup in the Middle East. In 2015, Careem, together with The Abraaj Group, were able to raise $60 million, one of the largest investments in the region’s emerging technology sector that will be used to accelerate market expansion and innovation in Careem’s car service across its core markets in MENA, Pakistan and the wider region. Panelists will discuss how this fund would cater to rising levels of urban demand in global growth markets and recognizing the relevance of technology-led sharing economy businesses with strong management and growth paths.
Mudassir Shiekha, founder and managing director, Careem. Walid Bakr, managing director, The Abraaj Group. The discussion will be moderated by Dina Sherif, associate professor of practice, School of Business and director of the Center for Entrepreneurship.
Prince Alwaleed Bin Talal Abdulaziz Alsaud Hall, P071, AUC New Cairo
Wednesday, April 6, 2016; 6:00–7:30 pm