Due diligence in the Middle East? Haha! The founder rode on the coattails of Careem and its founders. He was even feted by the sheikh of Dubai on Twitter. Care

Due diligence in the Middle East? Haha! The founder rode on the coattails of Careem and its founders. He was even feted by the sheikh of Dubai on Twitter. Careem (itself a former unicorn sold to Uber at $3.1B, now recently sold to a telecom for $400m) exited their position just before the Swvl SPAC.