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What we’re tracking on 10 June 2019
Inflation figures for May are due out today: The central bank and state statistics agency CAPMAS are expected to release…
What we’re tracking on 9 June 2019
Not a lot happened over the Eid vacation, and it’s just as well: Plenty of us here at Enterprise are…
Uber teams up with Australia’s Queensland to launch first rideshare submarine
Uber’s latest publicity stunt is ScUber, billed as the world’s first rideshare submarine, Reuters reports (watch, runtime: 00:56). The service…
What we’re tracking on 14 May 2019
Good morning, friends, and welcome to the slowest news morning yet of Ramadan. Business is moving at a snail’s pace…
What we’re tracking on 12 May 2019
Welcome to another workweek, ladies and gentlemen — and to week two of Ramadan. Driving the agenda this week (caffeine…
What we’re tracking on 07 May 2019
Welcome to one of the slowest news days of the past year, ladies and gentlemen. We hope your first day…
Egyptian Competition Authority, Uber, Careem meet to smooth out regulatory snags in merger process
Competition authority meets with Uber, Careem on merger: The Egyptian Competition Authority (ECA) met on Thursday with representatives from Uber…
Uber-Careem takeover could lose USD 470 mn, Egypt watchdog a major concern
Uber will pay 15% less for Careem if the two fail to get regulatory approval in jurisdictions including Egypt. Uber…
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