2016-11-24 · In just about four years, Careem has become a basic tool for those in need of transportation in 44 cities across 10 countries. Launched in Dubai by Magnus Olsson and Mudassir Sheikha, former

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Careem has an ongoing partnership with UNHCR, the UN Refugee Agency, and we’ve just announced a commitment to upskilling 200 refugees over the next year five years.The announcement was made at the United Nation’s General Assembly in New York by Magnus Olsson, our Chief Xperience Officer and Co-founder.

They conquered. No one would have thought that two former strategy consultants toiling away in a tiny office in Shatha Tower in Dubai Media City would one day go on to create what is considered the region’s first true unicorn: Careem. The news has been making rounds that Uber will be acquiring Careem soon. The news is authentic and both the ride hailing companies have reached an agreement whereby Uber is all set to acquire Careem by the first quarter of 2020. Uber is acquiring Careem for $3.1 billion. Uber will pay $1.4 billion in cash whereas $1.7 billion will be paid in 2018-02-04 Careem’s mission is to simplify and improve the lives of people and build a lasting organization that inspires. Established in July 2012, Careem operates in 120 cities across 15 countries and has created more than 1M employment opportunities in the region.

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The co-founders Mudassir Sheikha, Magnus Olsson and Abdulla Elyas are staying on with Careem following the acquisition. However, Careem’s board will be overhauled, with 3 seats going to Uber representatives and 2 belonging to Careem. Sheikha, who is Careem’s CEO, and Olsson will have board seats. Entrepreneur Middle East's 2019 Enterprise Agility Forum welcomed Careem co-founder and CXO Magnus Olsson on stage with a standing ovation to deliver the opening keynote.

Prior to Careem, Magnus was an Engagement Manager at McKinsey & Company. He was part of the high-tech practice and advised clients globally on strategy and business-building. Initially based in Stockholm, Magnus met his Arabic princess during a consulting project in Africa and moved to the Middle East in 2006.

Initially based in Stockholm, Magnus met his Arabic princess during a consulting project in Africa and moved to the Middle East in 2006. Already at the age of fifteen, Magnus founded his first company, an IT consultancy focused on helping SMEs.

Chief Xperience Officer and Co-Founder, Careem. Magnus looks after product and technology. A geek at heart, Magnus started his first company at the age of 

Careem was co-founded in July 2012 by Mudassir Sheikha and Magnus Olsson, who had both worked as management consultants at the reputed consulting firm McKinsey & Company. Initially, however, the well-known ride-hailing app started out as a website-based service for Careem Founders. Mudaassir Sheikha and Magnus Olsson, two former McKinsey consultants founded Careem in 2012 with less than half a million of their own capital and have been leading the company since then along with the third co-founder, Abdulla Elyas, who joined them after Careem acquired his Jeddah-based startup Enwani in early 2015. As for being careem to their colleagues at Careem, Olsson and Sheikha say they wanted whoever worked at the company to feel empowered, and not see their work there as being just a job.

Initially based in Stockholm, Magnus met his Arabic princess during a consulting project in Africa and moved to the Middle East in 2006. The story behind Careem by Magnus Olsson, our Co-founder, on iTech news Mudassir Sheikha and his colleague Magnus Olsson left McKinsey in 2012 to start Careem with the mission to simplify and improve the lives of people in the Middle East.
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08:35 viktor.strom@di.se @viktorstrom. Magnus Olsson, vd och grundare av Careem. Taxiappen Careem, som drivs av svensken Magnus Olsson, laddar upp i kampen mot Uber. Nu har bolaget tagit in motsvarande en halv miljard kronor i nytt riskkapital.

Prior to Careem, Magnus was an Engagement Manager at McKinsey & Company. He was part of the high-tech practice and advised clients globally on strategy and business-building. Initially based in Stockholm, Magnus met his Arabic princess during a consulting project in Africa and moved to the Middle East in 2006.
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When not at Careem, Magnus spends significant time mentoring start-ups and supporting the tech ecosystem. He lives in Abu Dhabi with his wife and two children. Sign up to receive new Scale-Up Insights episodes as soon as they’re released

Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. 2018-10-28 · TechCrunch - Fireside Chat with Magnus Olsson (Careem) | Facebook. Report.


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Initially based in Stockholm, Magnus met his Arabic princess during a consulting project in Africa and moved to the Middle East in 2006. Already at the age of fifteen, Magnus founded his first company, an IT consultancy focused on helping SMEs. Magnus lives in Abu Dhabi with his wonderful wife and adorable daughter.

Egypt, Pakistan, feeling safe as a woman when you travel around Curated profile of Karl Magnus Olsson, Founder/MD, Careem including career history, news and intelligence, portfolio companies and investments.

Predictions 2017: Careem co-founders Mudassir Sheikha and Magnus Olsson. The Careem co-founders reveal plans to take the service to the Middle East’s second tier cities in 2017.

However, Careem’s board will be overhauled, with three seats going to Uber representatives and two belonging to Careem. Sheikha, who is Careem’s CEO, and Olsson will have board seats. The co-founders Mudassir Sheikha, Magnus Olsson and Abdulla Elyas are staying on with Careem following the acquisition.

Prior to Careem, Magnus was an Engagement Manager at McKinsey & Company. He was part of the high-tech practice and advised clients globally on strategy and business-building. Initially based in Stockholm, Magnus met his Arabic princess during a consulting project in Africa and moved to the Middle East in 2006. We ran into Careem co-founder and McKinsey alumnus Magnus Olsson at the #IOT_DXB conference and asked him if he thought Careem was a disruptor or an enabler These 4000 employees include executives, developers, engineers, R&D professionals working across operational regions. The Careem captains are the ones who do not form part of the stock. Employees that will benefit the most. While it is known that the net worth of Careem executives: Mudassir Sheikha, Magnus Olsson, and Abdulla Elyas will The acquisition makes Careem a wholly owned subsidiary of Uber and will keep the Careem brand and app intact, at least initially.