Latest in Tag: Uber Highlight
Latest in Tag: Uber
Uber raises tariff after fuel price hikes
The ride-hailing company, Uber, has decided to amend its tariff, following the hike in fuel prices at the end of June. According to the new prices, the basic fare was increased to EGP 6 for UberX and EGP 7 for Uber Select. The company also increased the tariff per km to EGP 1.85 for UberX …
Uber follows Careem, raises its prices
Basic tariff at EGP 6 for UberX, EGP 1.85 per km
Careem raises tariff after fuel price hikes, Uber still studying
Minimum set at EGP 5.5, EGP 2.21 per km
Providing support for startups is one of ministry’s main goals: Sahar Nasr
Government approved a draft law regulating the use of private cars for Uber and Careem
Uber faces more EU regulatory headwinds
Uber’s car-sharing service could face more difficulties in the European Union. According to a legal advisor of an EU court, the US company can be regulated under national transportation laws in each EU member country.Ride-hailing app Uber may be a pioneer in its field but at heart it was an ordinary taxi company and should …
Uber plans to inject more investments into Egyptian market
40% of Uber drivers did not have a job before
Administrative court postpones lawsuit to suspend licensing of Careem and Uber to 14 May
Taxi drivers had previously successfully appealed a decision to suspend licensing
Egyptians’ work attitude from the perspective of Uber & Careem
“I will reach you in just a few minutes,” a driver of one of the new transportation application companies told me recently—which concluded in my being picked up half an hour later. The dilemma of such applications is that most of the drivers don’t take into account the fact that the application technology determines their …
Taxify to expand to coastal cities, offer new fare for summer trips
Fare begins at EGP 5, EGP 1.4 per km, says Sabry
Uber boss Kalanick leaves Trump’s advisory team
After a barrage of criticism from staff about Donald Trump’s immigration policies, Uber chief executive Travis Kalanick has stepped down from his position on a team of business advisors to the new US president.In a note to employees on Thursday, Kalanick said he had spoken with Trump about his executive order banning immigration from seven …
Daimler to build self-driving cars for Uber
German premium carmaker Daimler has announced a partnership with Uber to supply self-driving cars for the US ride-hailing company as the pair seeks to become leading players in the world of autonomous driving.In a statement issued on Tuesday, the two companies announced their tie-up, saying that Daimler planned to “introduce self-driving vehicles on Uber’s global …
New European competitor for Uber, Careem, Ousta in Egypt
Taxify, an Estonian company, announced that it will expand and open a new branch in Egypt.
Uber is most affordable ride in town according to latest fare rates
After thorough studies on balancing fare rates with the current economic situation in Egypt, Uber has increased its fare prices to suit the new raise in prices, specifically vehicle prices and fuel prices, which saw a recent increase of 35%. Taking into account the interest of the riders and drivers on the platform, Uber is …
Ousta accuses Uber of monopoly, complains to ECA
Uber practices flood the market and eliminate competition, says El-Batrawy
Uber conducts 2bn trips worldwide in H1 of 2016: Gore-Coty
Egypt has many growth opportunities; UberPOOL to be launched in Egypt
Careem plans to expand in all Egyptian governorates within 2 years
Uber partners with AXA to cover riders with insurance while on the road
Uber Egypt has partnered with AXA, the number one global insurance brand, for the launch of a new safety programme to cover riders with insurance while on the road. Uber issued a statement on Wednesday announcing it will provide coverage to its customers for a range of conditions including total, partial, and permanent disabilities, accidental …
96% of time spent in cars wasted, 20% of cities turned into garages: Waked
Abdellatif Waked, Uber Egypt’s general manager, said that Uber has been operating worldwide for over seven years in 700 cities around the globe. He noted that the service it provides is complementary and does not seek to compete with the public transportation system. He expressed his contentment with the company’s business in Egypt, saying that …
Uber to fully forgo its 20% service fee until 31 January 2017
Uber announced that it will not raise the fares for its riders and will also fully forgo its service fee—20% of every trip—so as to increase profits for its drivers until 31 January 2017 in celebration of Uber’s two-year anniversary. In light of the current economic situation and the increase in fuel prices, this strategy …
Uber to inject EGP 500m in new investments into Egyptian market over 2 years: general manager
We signed an agreement with a private bank to finance the purchase of new and used cars via instalments for those wishing to work with Uber, says Khoury
Uber to agree with private bank to finance purchase of new, used cars for drivers
We plan to open a regional support centre in Cairo, says El-Khoury
Uber to give drivers daily bonus to face fuel price increase
Uber modified its driver payment system after the increase of fuel prices a few days ago. The company introduced a daily bonus to ensure the increase of the drivers’ daily income, while the value of the bonus will be calculated in accordance to the number of trips driver concludes. According to an official in Uber, …
Uber, Careem drivers launch Facebook campaign to increase their profit share
The drivers will shut down the mobile application one day per week to pressure their companies
Uber increases investment in Egypt, MENA
Uber Egypt reaches a record 30,000 drivers, commits to EGP 500m investment given rapid success
Ousta negotiating investment of EGP 50m in 2016: founder
Service available in 10 cities through 4,000 cars, plans to increase to 10,000 cars by end of 2016
Uber suffers legal setbacks in France and Germany
A French court has convicted and fined the US company and two of its executives for deceptive commercial practices and illegal business activity, while a court in Germany maintained a ban of the firm’s UberPop app
Saudi Public Investment Fund invests $3.5bn in Uber
The PIF will have a seat on Uber’s Board of Directors
Government must embrace technology: Sawiris
Uber claims to focus is on personal car users not taxi drivers, says Uber BOD
Uber acquires 20% of passenger transport in Greater Cairo
28% of Uber drivers in the US are women: Uber chief advisor
Ousta to launch in Egypt next March
Ousta adopts precise standards for the selection of drivers and cars: Batrawi