News

Careem Suspends Its Ride-Hailing Services In Qatar

The announcement comes without any official explanation, though is thought to be due to a lack of regulatory approval.

Published

2 years ago

February 28, 2023

careem suspends its ride-hailing services in qatar

Yesterday (Monday, February 27), Uber Technologies sent a message to customers informing them that Careem, the Dubai-based company acquired by the ride-hailing giant in 2019 for $3.1 billion, will cease operations in Qatar today.

The surprise announcement comes just two months after Qatar’s soccer World Cup, which saw Careem-branded vehicles forming part of the official transport infrastructure, alongside Uber cars and local taxis from Karwa.

careem qatar message to users

“Unfortunately, Careem’s ride-hailing operations will no longer operate in Qatar as of February 28, 2023,” informed the message, telling customers that Careem credit would be refunded by March 15, 2023.

Also Read: Saudi Arabia To Transform Downtown Riyadh By 2030

Careem’s message did not explain the cancellation of the service, and no one has responded to requests for comment, including parent company Uber.

Careem only offered ride-hailing services in Qatar, unlike larger Middle Eastern markets like the United Arab Emirates, where the super app also provides food delivery, digital payments and courier services.

The company suspended its services in Lebanon last year due to the unfavorable economic situation in the country.

News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

21 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.