https://www.reuters.com/article/us-saudi-kingdom-lyft-careem/saudis-kingdom-holding-to-invest-careem-proceeds-in-europe-saudi-ceo-idUSKCN1RA2AU

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.