Latest news with #JasmineAlDameary
Zawya
10-03-2025
- Business
- Zawya
Careem Pay launches money transfers to Egypt
Dubai, UAE: Careem Pay, the payments platform within the Careem app, expands its remittance service to Egypt, allowing UAE residents to send money directly to bank accounts in Egypt quickly and at competitive rates. Careem Pay facilitates money transfers to some of the largest remittance corridors in the world, including India, Pakistan, the UK, Europe, and the Philippines, providing a quick and simple way to support families, manage finances, or contribute to investments abroad. The UAE is home to a large Egyptian expat population, making Egypt one of the top five recipients of remittances from the UAE. In recent years, the overall market size of remittance from the UAE to Egypt has been estimated at approximately USD 10 billion. Mohammad El Saadi, VP of Careem Pay, commented: 'We're excited to expand our money transfer service to an important segment of the UAE population. Many Egyptian expats in the Emirates routinely send money home to support their families or manage their personal finances. We offer some of the best rates in the market - in fact we're 50% cheaper than banks. Our transfers are near-instant, with some completed in as little as seconds. Careem Plus members are also guaranteed rates better than the rates seen on Google, allowing them to save hundreds with each transfer.' The new corridor launch comes in time for Ramadan, a period when remittances typically see a spike as customers increase financial support to their families for charitable purposes and upcoming Eid celebrations. Careem Pay's mission is to simplify financial services in the region through a comprehensive payments platform that offers seamless P2P and international transfers, bill payments, and other digital wallet services. To make an international money transfer through Careem Pay, download or open the latest version of the Careem app and select 'Send Money' on the home screen. About Careem Careem is building the Everything App for the greater Middle East, making it easier than ever to move around, order food and groceries, manage payments, and more. Careem is led by a powerful purpose to simplify and improve the lives of people and build an awesome organisation that inspires. Since 2012, Careem has created earning opportunities for over 2.5 million Captains, simplified the lives of over 70 million customers, and built a platform for the region's best talent to thrive and for entrepreneurs to scale their businesses. Careem operates in over 70 cities across 10 countries, from Morocco to Pakistan. For media inquiries: Jasmine AlDameary
Zawya
03-03-2025
- Business
- Zawya
Support communities in need with Careem during Ramadan
Careem Food brings back 'Eat a Plate to Fill a Plate' in collaboration with World Food Programme and over 500 restaurants Food baskets can be purchased and donated through Careem Groceries, in partnership with the UAE Food Bank Dubai, UAE: This Ramadan, Careem is helping customers give back to their communities when ordering food or groceries, or donating through the 'Right Click' donations platform. Mudassir Sheikha, CEO and co-founder of Careem, commented: "Ramadan is a time of generosity and reflection, and we feel a deep sense of responsibility to support the communities we serve. We've introduced easy ways to give back when ordering food or groceries, and thanks to our incredible partners, we hope to drive meaningful impact that extends beyond Ramadan and fosters a spirit of ongoing giving." Through Careem's in-app donations platform, Right Click, customers can contribute directly to a number of charitable organizations, including Dubai Cares, the International Committee of the Red Cross (ICRC), Emirates Red Crescent, and Beit Al Khair in the UAE. Customers can also set up automatic recurring donations, ensuring a consistent and long-term impact. Customers in the UAE can purchase and donate food baskets with items like rice, flour, beans and cooking oil through Careem Groceries. The baskets will be distributed to communities across the UAE in partnership with the UAE Food Bank. Careem Food is bringing back the popular 'Eat a Plate to Fill a Plate' campaign in collaboration with over 500 restaurants in Dubai and Abu Dhabi. For every food order placed through the app, AED 2 will be automatically donated to the World Food Programme in the UAE, helping to provide meals to communities in need during Ramadan. Careem colleagues will also distribute Iftar meals to captains at least 3 times a week in the UAE, and every day in Jordan. Careem's Ramadan initiatives are part of its commitment to leveraging technology for social good, making it easier for communities to come together and support one another during the holy month. To support communities in need through Careem this Ramadan, download or open the latest version of the Careem app. About Careem Careem is building the Everything App for the greater Middle East, making it easier than ever to move around, order food and groceries, manage payments, and more. Careem is led by a powerful purpose to simplify and improve the lives of people and build an awesome organisation that inspires. Since 2012, Careem has created earning opportunities for over 2.5 million Captains, simplified the lives of over 70 million customers, and built a platform for the region's best talent to thrive and for entrepreneurs to scale their businesses. Careem operates in over 70 cities across 10 countries, from Morocco to Pakistan. For media inquiries: Jasmine AlDameary
Zawya
28-01-2025
- Business
- Zawya
Careem Pay introduces member-only rates, zero fees on remittances for Careem Plus members
Dubai, UAE - Careem Pay, the fintech and payments platform within Careem, now offers exclusive member-only rates and zero fees on international transfers for Careem Plus members, making it more affordable than ever to send money abroad. First-time users can also enjoy rates that are better than the Google rate for international transfers to India and Pakistan. Careem Pay facilitates near-instant transfers from the UAE to India, Pakistan, the Philippines, the UK, Europe, and Lebanon, with more to come. Customers can send up to AED 450,000 a month and AED 150,000 per transaction through Careem Pay. Transfers are often completed in a matter of minutes, with the fastest transfer in 2024 facilitated in just 11 seconds. Mohammad El Saadi, VP of Careem Pay, commented: 'Sending money abroad through traditional remittance providers can be expensive due to the mix of high fixed fees per transaction plus transfer rates. We've removed fixed fees for Careem Plus members and are offering member-only exchange rates to ensure that you save more with every transfer. We're also offering the most competitive rates on international money transfers - even better than the rate found on Google - for new users sending money to India and Pakistan. 'Careem Plus already offers members savings worth over AED 300, and the new remittance benefit allows members to save even more while supporting their families or managing their expenses and investments abroad.' Careem Plus members receive unlimited free deliveries, member-only offers on food and grocery orders, credit back on rides, exclusive rates on international transfers, and discounts on dining out, home cleaning, laundry, Careem Bike, and more. Members save an average of AED 300 per month, and can now boost their savings by hundreds of dirhams with the new international transfers benefit. In 2024, one Careem Plus member saved over AED 12,000 throughout the year, while another saved over AED 7,300 on a single dining bill valued at more than AED 25,000 at Kempinski The Palm using Careem DineOut. To enjoy exclusive rates on international transfers through Careem Plus, download the latest version of the Careem app and select 'Send Money' from the home screen. About Careem Careem is building the Everything App for the greater Middle East, making it easier than ever to move around, order food and groceries, manage payments, and more. Careem is led by a powerful purpose to simplify and improve the lives of people and build an awesome organisation that inspires. Since 2012, Careem has created earning opportunities for over 2.5 million Captains, simplified the lives of over 70 million customers, and built a platform for the region's best talent to thrive and for entrepreneurs to scale their businesses. Careem operates in over 70 cities across 10 countries, from Morocco to Pakistan. For all media inquiries: Jasmine AlDameary
