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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).…
Sawiris looks to acquire license for SME-focused bank in Egypt
Hope springs eternal: Naguib Sawiris would like to set up an SME-focused financial institution once the Central Bank of Egypt…
Swvl increases local operations, expands to Kenya
Mass transit app Swvl has increased its operational lines in Cairo, Giza and Alexandria, now servicing more than 650 routes…
ECA launches poll to assess effects of Uber, Careem acquisition agreement
Competition authority launches polls on Uber-Careem tie-up: The Egyptian Competition Authority (ECA) has launched two opinion polls for drivers and…
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’…
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…
Careem rolls out tuk-tuk services in 10 Cairo neighborhoods
Careem is trialing its tuk-tuk service in 10 Cairo neighborhoods, sources tell Al Mal. The ride-hailing app, which launched tuk-tuk…
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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