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Careem has entered an agreement with the National Bank of Kuwait (NBK) under which the latter will facilitate an online payment avenue for booking cars on the ride-hailing platform. 

One of the largest providers of transportation and home-delivery services in the broader region, Careem has been operational in Kuwait for over two years now. The company was acquired by multinational transportation giant Uber earlier this year for about $3.1 billion.

As for the newly forged partnership with the NBK, Careem’s General Manager, Khaled Nuseibeh, stated that this is only the first of many similar partnerships to come. 

He noted: “We are delighted to join forces in Kuwait with such an established institution as NBK and look forward to rolling out further, exciting developments together in the future.”

Meanwhile, expressing his happiness for the agreement with one of the most recognized brands across the region, Mohammad Al Othman, the General Manager of Consumer Banking Group at the NBK, assured that his organization will offer the best of services to Careem.

“We are pleased to announce our latest partnership with Careem as part of our commitment to providing the best online payment solutions and at the highest standards of safety that enable customers to complete their transactions electronically and increase non-cash payments,” said Mohammad. 

In a related development, NBK has also confirmed that it is now a part of the FTSE4Good Index Series, which is deemed one of the world’s most prominent Environment-Social-Governance (ESG). The index screens and identifies enterprises that maintain compliance with international sustainability standards.