Tag Archives | Careem

Iraq's Tech Ecosystem "offers Bright Spot"

By Hassan Jivraj for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's tech ecosystem offers bright spot for private sector Despite numerous regional and country-specific challenges, Iraqi start-ups had a good year. Click here to read the full article.

Miswag Closes Second Round of Investment

Miswag, Iraq's leading e-commerce platform, today announced the successful closing of its second round of seed funding. Coordinated by Iraq Tech Ventures and led by Euphrates Iraq Fund and Shwan Ibrahim Taha, Chairman of Rabee Securities, this round was funded by the same consortium of institutional and individual investors from the Middle East and United […]

KAPITA launches Iraqi Angel Investor Network

KAPITA launches the first Iraqi dedicated Angel Network The Iraqi entrepreneurship ecosystem receives a major boost with the launch of the first Iraqi angel investors network KAPITA is launching Iraq's first Angel Investor Network - IAIN ( https://iraqangels.net/ ) that is dedicated to connecting startups with angel investors in order to develop the Iraqi entrepreneurship […]

Careem Expands into Mosul

By John Lee. Dubai-based Careem has reportedly launched its ride-hailing services in Mosul. According to a report from Arabian Business, the company plans to roll out its full suite of services in the future. Careem entered the Iraqi market in January 2018; it was bought by Uber for $3.1 billion in March 2019. More here. […]

Seedstars Baghdad chooses Top 3 Startups in Iraq

Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, hosted its Iraq round this Friday, at The Station, where 8 selected startups were invited to present their companies in front of the local jury panel. The local winners were chosen for their innovative sustainable solutions on their different fields. The […]

Careem extends service to Basra

By John Lee. Ride-hailing service Careem has reportedly started operations in Basra. According to The National, the company, which currently operates in Baghdad and Najaf, also has a pilot project in Erbil. Careem entered the Iraqi market in January 2018, and was bought by Uber for $3.1 billion in March 2019. (Source: The National)

Iraq's First Tech Conference highlights Huge Potential

By Padraig O'Hannelly. More than 100 guests gathered at the Babylon Hotel in Baghdad on Tuesday to attend Iraq's first Tech Conference. Hosted by the Iraq Britain Business Council (IBBC) and chaired by Ashley Goodall, the event brought together the leading companies involved in the technology sector in Iraq to discuss how the power of […]