Careem upgrades travel experience for KAFD residents and visitors

  • Careem is launching more dedicated solutions to make travel smoother and reliable in KAFD
  • 100,000 people are expected to live and work in the district by 2025.

Riyadh, Saudi Arabia: Careem, the region’s leading multi-service platform, partners with King Abdullah Financial District Development & Management Company (KAFD DMC), to upgrade and streamline the travel experience for residents and visitors of KAFD, the country’s prime business and lifestyle hub. The agreement was signed on September 12 at a ceremony hosted at Cityscape Global Riyadh.

Set in the heart of the Saudi capital Riyadh, KAFD features 1.6 million square meters of state-of-the-art office space, world-class facilities and iconic luxury residences, designed to transform the way urban communities live, work, and play. A 22-kilometer drive from King Khalid Airport, KAFD is a key driver of Riyadh’s economic ambitions and is the largest LEED certified mixed-use financial district in the world. It is owned and managed by the King Abdullah Financial District Development and Management Company (KAFD DMC).

Home to the Kingdom’s first cinema, KAFD is recognised for its exclusive business and lifestyle offering and advanced smart city solutions. By 2025, it is expected that 100,000 people will live and work in the district whose five asset classes will include over 70 F&B outlets, three hotels, and an array of entertainment options.

Careem will launch more dedicated solutions to make travel smoother and more reliable at KAFD, such as special tools to manage ride-hailing requests in high-density pickup locations, an enhanced navigation experience for Captains and directional features to guide customers on how to reach meeting points. Multiple convenient spaces for pickups and pre-arranged staging areas will be dedicated for Careem Captains.

“Amidst the growing global awareness of sustainable transportation solutions, and recognizing the pressing need to address environmental challenges, KAFD remains dedicated to fostering a greener and more efficient urban landscape,” explained Gautam Sashittal, Chief Executive Officer of KAFD DMC. “In line with our mobility strategy at KAFD, we are excited to welcome Careem’s ride-hailing service to our district as it promises to reduce passenger vehicles, helping to lower both carbon emissions and traffic. Most importantly, with the addition of Careem, our tenants, residents, employees, and visitors will benefit from the increased availability of transport options within the district.”

Ahmad Arrabi, Careem’s General Manager for ride-hailing in Saudi Arabia, commented: “KAFD has grown rapidly into one of the region’s leading business and lifestyle hubs, attracting people from all across the world to live and work there. We’re delighted to collaborate with the KAFD team to make transport in and out of the district more seamless than ever.”

Careem launched ride-hailing services in Saudi Arabia in 2013, commencing operations in Riyadh, Jeddah, Dammam, Dhahran and Khobar before expanding to reach 26 cities across the Kingdom. The Everything App now offers multiple services to customers in Saudi Arabia, including ride-hailing, inter-city transport, food delivery, and home cleaning, all in one application. More than 75,000 Saudi nationals use the Careem app as a flexible source of income.

About Careem:

Careem is building the Everything App for the greater Middle East, making it easier than ever to move around, order food and groceries, manage payments, and more. Careem is led by a powerful purpose to simplify and improve the lives of people and build an awesome organisation that inspires. Since 2012, Careem has created earning opportunities for over 2.5 million Captains, simplified the lives of over 50 million customers, and built a platform for the region’s best talent to thrive and for entrepreneurs to scale their businesses. Careem operates in over 70 cities across 10 countries, from Morocco to Pakistan.

About KAFD:

Situated in Riyadh, KAFD is an iconic business and lifestyle destination with state-of-the-art physical and digital infrastructure. The destination is owned and managed by King Abdullah Financial District Development and Management Company (KAFD DMC), which was established in 2018 and is a wholly-owned subsidiary of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. KAFD’s 95 towers, designed by 25 world-leading architectural firms, have reshaped the skyline of Riyadh. The vibrant mixed-use district offers a range of experiences across its area of 1.6 million square meters and is the largest development globally to achieve LEED Platinum certification, the highest accreditation from USGBC (U.S. Green Building Council), which recognizes KAFD as a global leader in sustainability.