Photos: Dubai King & Crown Prince react to the Uber-Careem acquisition

Uber bought Careem, the biggest ride-hailing app in the Middle East for a whopping sum of $3.1B.

It was valued at more than $2 billion in a funding round in October. Careem which is based and Dubai and was founded in 2012 will operate under its own brand as a subsidiary of Uber and continue to be led by CEO Mudassir Sheikha.
The Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and Crown Prince of Dubai and Chairman of the Dubai Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum weighed in on the matter.
Sheikh Mohammed wrote:

Sheikh Hamdan wrote:

Photos: Uber buys Middle East rival Careem for $3.1bn.