UBER to launch transportation buses in Egypt: Nasr

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Wed, 20 Sep 2017 - 02:36 GMT

BY

Wed, 20 Sep 2017 - 02:36 GMT

The logo of Uber is seen on an iPad, during a news conference in Taipei, Taiwan April 13, 2017 - REUTERS/Tyrone Siu

The logo of Uber is seen on an iPad, during a news conference in Taipei, Taiwan April 13, 2017 - REUTERS/Tyrone Siu

CAIRO – 20 September 2017: Egyptian commuters will soon be introduced to new public buses launched by the ride-hailing application Uber, according to Minister of Investment and International Cooperation Sahar Nasr.

In an interview on ON E satellite channel, Nasr explained that the new Uber busses will be launched within the coming three months, adding that the company still anticipates the issuance of a law regulating its ride-sharing services.

Nasr said that the buses will not only operate in Cairo and Giza, but they will be available in other governorates, especially those of Upper Egypt.

The minister is accompanying President Abdel Fatah al-Sisi, who headed to New York earlier this week to attend the United Nations General Assembly.

On Wednesday, Nasr met a delegation of 19 American businessmen and investment funds to urge them to expand their investments in Egypt, according to a statement from the ministry.

In coordination with the American Chamber of Commerce, Egypt will organize an investment forum in 2018 to showcase investment opportunities to potential American investors.

Uber arrived in Cairo and Giza in November 2014 and began operations in Alexandria a year later.

The number of drivers who have joined the service has grown 73 times in one year, making Cairo the fastest-growing city for the company in Europe, the Middle East and Africa.

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