Latest in Tag: Uber Highlight

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Latest in Tag: Uber


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Toyota, Uber join forces to push autonomous driving

Japanese carmaker Toyota has said it’s pumping a half-billion dollars into US ride-hailing company Uber to develop self-driving vehicles. The investment will help both sides compete with market leader Google’s Waymo.The news about Toyota’s $500 million (€427 million) investment in Uber came after the US rail-hiding service saw its efforts to go it alone derailed …

Deutsche Welle

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Competition Authority studying complaint filed from Careem, Ousta against Uber

The Egyptian Competition Authority announced on Wednesday that it is currently studying a complaint filed by Careem and Ousta against Uber regarding the latter’s practices aimed at excluding competitors in the market. The authority mentioned in the press statement that the Competition and Consumer Commission of Singapore has prevented a merger between Uber and Grab, …

Daily News Egypt

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Uber adjusts service prices after fuel price hike

Uber Smart Transport Company changed its pricing on Monday and announced the new pricing system. In a text message to its “drivers partners,” Uber said that the company’s work is to provide a safe, secure, and an appropriate means of transport for all, anytime and anywhere. “Uber works best when drivers and passengers benefit. Hence, …

Daily News Egypt

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Modest changes made to controversial user data article in Uber, Careem law

A joint committee of the Egyptian Parliament applied amendments regarding some disputed articles of a bill to regulate the operations of ride-hailing companies Uber and Careem, local media reported on Tuesday. The committees of transportation, communication, national security, and economic affairs approved in principle a law submitted by the cabinet on the regulation of passenger …

Sarah El-Sheikh

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Egypt’s Urgent Affairs Court nullifies verdict banning Uber, Careem

The Egyptian Court of Urgent Affairs nullified on Saturday the Supreme Administrative Court ruling suspending operations of the ride-hailing companies Uber and Careem inside the country. The Administrative Court ordered on 20 March the suspension of operations of US-based Uber and UAE-based Careem after 42 taxi drivers sought a year ago to shut down the …

Fatma Lotfi

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3 articles disrupt parliament’s passage of ride-hailing apps law

Parliament’s transportation, economic affairs, national security, and communication committees all approved the bill presented by the cabinet on Thursday to regulate ride-hailing smartphone applications, which targets, mainly, companies such as Uber and Careem. Yet, three articles hindered the final approval. This came after a meeting that lasted for five hours at the Egyptian Parliament’s headquarters …

Daily News Egypt

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Egyptian court bans ride-hailing apps Uber, Careem

Egypt’s Administrative Court issued a verdict on Tuesday to bar ride-hailing services Uber and Careem from operating in the country, saying they violate Egyptian law. The court verdict will go into effect immediately, but it can be appealed before Egypt’s Higher Administrative Court. Careem, on their official Facebook page, said that the company has not …

Mohamed Samir

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150,000 drivers joined Uber Egypt in 2017 

“If you want to improve your income, join Uber,” is the slogan of Uber Egypt. Driving most of the day in Egypt is exhausting. However, many Egyptians found that joining Uber as drivers alongside their basic jobs is the easiest way to improve their income, whether they have their own cars or not. The company …

Shaimaa Al-Aees

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China’s Didi raises massive funding to take on Uber

Chinese ride-hailing firm Didi Chuxing has raised $4 billion (€3.37 billion) in funds earmarked for expansion overseas and into areas such as artificial intelligence, as it looks to challenge still bigger rival Uber.The last funding round boosts Didi Chuxing’s valuation to around $56 billion, making the ride-hailing platform Asia’s most valuable startup. Domestic Chinese and …

Deutsche Welle

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Uber, MAC partner up to provide incentives to Uber drivers 

Uber signed a partnership with Al Mansour Automotive Company (MAC) to provide special benefits and facilities to Uber drivers. As part of the new partnership, drivers will be able to purchase Chevorlet Optra Comfort 2017 for EGP 195,000 instead of EGP 210,000, in addition to a 20% discount on spare parts and a 15% discount …

Daily News Egypt

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Vesba competes with Uber, Careem in smart transportation

Vesba, a new smart transportation app, has recently emerged and entered the competition of smart transportation of individuals. The app relies on providing a service that can navigate through the Cairo traffic and bring the time of trips down. Vesba app relies on using Vespas instead of cars. The service costs less than Uber and …

Daily News Egypt