A Careem Networks FZ logo sits on the exterior of a driver support center at the ride-hailing company’s headquarters in Dubai, United Arab Emirates. (Photographer: Christopher Pike/Bloomberg)

Uber Buys Mideast Rival Careem for $3.1 Billion in Biggest Deal

(Bloomberg) -- Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi has cut the largest deal of his tenure, buying Middle Eastern ride-hailing competitor Careem Networks FZ for $3.1 bil...