Dubai Government, Careem to Form Ride-Hailing Venture

Dubai's Road and Transportation Authority is partnering with ride-hailing firm Careem to launch a joint ride-hailing program for all taxis operating in the area, according to the Financial Times.

The partnership, which is set to launch in April, will be the world's first partnership between a government agency and a private ride-hailing app.

Careem will be managing the e-hailing systems and online payments for Dubai's nearly 11,000 taxis. Careem's existing ride-hailing service will continue as normal.

In the future, Careem officials said the venture could be expanded to inlcude other transportation methods like buses.