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Once upon a time, building new roads was the most logical way to improve transportation.Careem, Uber Technologies Inc.'s largest rival in the Middle East, is one of the most visible technology companies in a region drawing growing interest from investors.Careem is the region's only unicorn company, counting Rakuten Inc., Kingdom Holding Co., China's Didi Chuxing and Daimler AG among its investors.Contracts for road, bridge and tunnel projects in Gulf Cooperation Council countries are forecast to rise to $15.5 billion next year, from $14 billion this year, construction project tracker Ventures Onsite said in a July report.
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