Ride-hailing market revs up in Egypt

Thu, 07 Nov 2019 - 10:18 GMT

The biggest players are Careem and Uber, which had its IPO in May and posted a wider third-quarter loss on Monday as it tries to outspend competitors.

Cabinet moved to legalize ride-hailing before lawsuit: spox

Thu, 22 Mar 2018 - 10:26 GMT

Cabinet’s spokesperson Ashraf Sultan said the government moved to regulate ride-hailing services before recent lawsuit demanding banning the service.

Uber bullish on Africa despite opposition from local taxi firms

Tue, 07 Nov 2017 - 03:45 GMT

Ride-hailing service Uber Technologies Inc. [UBER.UL] is growing rapidly in sub-Saharan Africa and considering moves into more markets, despite sometimes violent opposition from metered taxi drivers.