Uber
Uber acquires Careem amid concerns over better services
Egypt
March 27, 2019
Uber acquires Careem amid concerns over better services
Uber bought out biggest prior rival ride-hailing service Careem Networks FZ for $3.1 billion, the largest deal cut by Chief…
Bloomberg reveals Uber’s plan to acquire rival Careem
Egypt
March 25, 2019
Bloomberg reveals Uber’s plan to acquire rival Careem
Uber, the ride-hailing giant, is currently working on a deal to buy out its Middle East rival Careem for US$1.4…
With IPO due, Uber aims to be ‘Amazon of transportation’
World
March 3, 2019
With IPO due, Uber aims to be ‘Amazon of transportation’
Uber, the ridesharing behemoth set to launch a stock offering soon, is aiming beyond sharing car rides to becoming the…
Uber finally responds to Egypt’s Value Added Tax Law
Business
February 20, 2019
Uber finally responds to Egypt’s Value Added Tax Law
Ride-hailing app Uber will finally pay the Value Added Tax (VAT) in Egypt, fulfilling Law No. 67/2016, Minister of Finance…
Uber expands its services in Egyptian market
Business
January 25, 2019
Uber expands its services in Egyptian market
The international ride-sharing company Uber will be expanding its services in the Egyptian market, Chief Executive Officer of Uber Dara…
Careem to inject investments up to US $120 million in 2019
Business
December 23, 2018
Careem to inject investments up to US $120 million in 2019
Careem CEO Wael Abu al-Ella stated on Saturday that the company would inject investments up to $120 million in…
‘Uber Bus’ launches in Cairo
Technology
December 5, 2018
‘Uber Bus’ launches in Cairo
Uber CEO Dara Khosrowshahi, Chief of the US Mission in Egypt Thomas Goldberger, and Investment Minister Sahar Nasr launched…
Uber extends safety features to passengers, drivers in Europe, Middle East
Technology
October 17, 2018
Uber extends safety features to passengers, drivers in Europe, Middle East
DUBAI (Reuters) – Uber Technologies Inc [UBER.UL] is to connect passengers and drivers directly to emergency services in Europe, the…
Saudi Arabia vows retaliation if punished over missing critic
Middle East
October 15, 2018
Saudi Arabia vows retaliation if punished over missing critic
Saudi Arabia warned it would retaliate against any sanctions imposed on the oil-rich kingdom over the disappearance of journalist Jamal…
Uber considers buying Careem: sources
Egypt
September 18, 2018
Uber considers buying Careem: sources
Uber, the company behind the world’s most-used ride-sharing app, is considering acquiring its biggest competitor in the Middle-East, Careem,…