Uber follows in Careem’s footsteps and hikes its fares

Ride-hailing app Uber decided on Tuesday to follow in the footsteps of competitor Careem and hike its fares after recent fuel prices hikes, Daily News Egypt says. The base fare for Uber’s standard service will rise to EGP 6 from EGP 5, while the fare for its premium Uber Select service increased to EGP 7 from EGP 6. The fare for each kilometer traveled was also increased to EGP 1.85 for the standard UberX and EGP 2 for Uber Select. The minimum fare was set at EGP 10 and EGP 15 for the standard and premium services, respectively. The Consumer Protection Authority will be meeting with representatives from both Uber and Careem next week to discuss the fare hikes, authority head Atef Yacoub tells Al Mal.