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Q2 net profit fell by 18% to $637 million.

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UAB net profit up by 50% for H1

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Careem launches luxury car ride-hailing Bahrain-Saudi Arabia service

    • A ride to to Saudi Arabian cities will cost $198

    • The luxury car can accommodate up to five passengers

    Careem, a vehicle for hire company and Uber subsidiary, has started a ride-hailing service from Bahrain to Saudi Arabia.

    Bahrain residents can book the one-way luxury car ride to Saudi Arabian cities such as Dammam, Khobar, Dhahran, Jubail, Buqaiq, Hufof and Riyadh for $198 per ride.

    Careem’s GCC General Manager Khaled Nuseibeh said the new intercity service will introduce a convenient means of transporting customers between countries.

    “As we continue to invest in the Bahraini market, Careem remains committed to broadening our product range to provide convenient transportation solutions within and across cities,” he added.

    Non-oil trade between Bahrain and Saudi Arabia reportedly rose 18 percent to $781 million during the second quarter of the year. Saudi trade accounted for around half of Bahrain’s total trade with the six GCC members. (With inputs from Arab News, TradeArabia)