![Saudi's Kingdom Holding to invest Careem proceeds in Europe, Saudi: CEO](http://news.littlecdn.com/600x360/1553889963_5c9e7aab4dcab.jpeg)
Saudi's Kingdom Holding to invest Careem proceeds in Europe, Saudi: CEO
Saudi Arabian investment firm Kingdom Holding will put the proceeds from the sale of its stake in ride-hailing startup Careem toward $600 million in investments in the kingdom and Europe, its chief executive told Reuters on Friday.