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Egyptian Competition Authority

Egyptian Competition Authority latest

Egypt Approves Uber Acquisition of Careem With Conditions
December 30th, 2019 - 12:42 GMT

Egypt Approves Uber Acquisition of Careem With Conditions

Egyptian regulators have approved Uber's $3.1 billion acquisition of regional rival Careem after agreeing to a set of commitments proposed by the US-based ride-hailing service meant to reduce harm to competitors. The Careem acquisition was announced in March after more than nine months of stop-start talks between the two companies, handing Uber a much-needed victory after a series of overseas divestments. The deal is expected to close in January, depending ...
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Egypt’s Ride-Hailing Transport Market Is Rising
November 7th, 2019 - 07:30 GMT

Egypt’s Ride-Hailing Transport Market Is Rising

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