Careem ends Sudan operations as part of Uber takeover deal
- Country:
- Sudan
Careem has ended operations in Sudan as part of its planned takeover by Uber, a spokeswoman said on Monday, less than a year after the Middle Eastern ride-hailing firm launched in the country. Careem began operations in Sudan in September 2018 after the United States lifted economic sanctions in 2017.
Uber said in an SEC filing it expected Careem to divest its operations in Sudan before its $3.1 billion takeovers of the Dubai-headquartered company closes. The deal, announced in March, is expected to close early next year. Careem shut its Sudan business on June 30, a spokeswoman said in a statement.
"There are no plans to close any other markets and ceasing Sudan operations will not have any effect on Careem's other markets," she said. Few international firms entered Sudan after the lifting of U.S. economic sanctions. The country remains on the U.S. list of state sponsors of terrorism.
Sudan has faced instability since protests broke out in December, resulting in the ouster of long-time President Omar al-Bashir by the military in April. Last week, a top U.S. State Department official said Washington was considering all options, including possible sanctions, if there was more violence after a deadly assault on protesters in Khartoum on June 3.
Other local ride-hailing apps such as Tirhal operate in Sudan.
ALSO READ
-
Sudan Shelter Drone Strike Reportedly Kills a Boy and Injures 12 Children
-
Sudanese Families Flee to Chad as Violence Surges and Refugee Support Falls Behind
-
Sudan’s Heritage Gets Recovery Support as UNESCO Trains National Experts
-
Sudan’s BOOST Project Targets 232,000 Farmers to Rebuild Food Security
-
Drone Strikes Destroy Over 292,000 Textbooks Ahead of Sudan’s New School Year
Google News