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What we’re tracking on 16 April 2019
Today’s the big day: After weeks of deliberation, the House of Representatives will today vote on the proposed constitutional amendments…
The Egyptian Competition Authority’s guide to how to use anti-cartel legislative provisions to control and review mergers
A CONTRARIAN VIEW- Does the ECA have the legal ground to stop Uber from buying Careem? Or to block any…
Uber Egypt partners with Dryve to connect drivers with cars
Uber Egypt has partnered with peer-to-peer car sharing platform Dryve, a peer-to-peer car-rental platform, according to an emailed statement (pdf).…
Uber, Careem sign agreement to proceed with acquisition
M&A WATCH- Uber is acquiring Careem in a USD 3.1 bn transaction, making Careem the MENA region’s most valuable ‘unicorn’…
Uber and subsidies keep talking heads busy on a quiet night
Uber’s acquisition of regional rival Careem was (unsurprisingly) all over the airwaves last night. Our friend Khaled Ismail, chairman of…
Cairo is the 12th most “forgetful” city in the world, according to Uber
Cairo is the 12th most “forgetful” city in the world, and Egyptian Uber customers were the most forgetful on 31…
Uber Egypt names Ahmad Hammouda as general manager for Egypt
MOVES- Uber Egypt has named Ahmad Hammouda as the company’s new general manager for Egypt, according to Menabytes. Hammouda joined…
Uber-Careem takeover seems to be closing
Uber, Careem seem to be closing in on takeover agreement: Talks for global ride-hailing giant Uber to acquire Dubai-based Careem…
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