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Mudassir Sheikha

Careem hits the brakes: Ride-hailing to end in Pakistan this July

June 18, 2025 by Attia Naveed

Careem has announced it will stop its ride-hailing service in Pakistan from July 18, 2025, citing difficult economic conditions. The company’s CEO, Mudassir Sheikha, shared the update on LinkedIn. He said that rising costs, strong competition, and limited investment support made it hard to run the service. Although the service is ending, the company is […]

Filed Under: Pakistan Tagged With: a tech-focused arm, Careem, Careem Technologies, company’s CEO, July 18, Latest, Mudassir Sheikha, Pakistan, stop its ride-hailing service

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