{"id":626624,"date":"2018-07-08T04:11:32","date_gmt":"2018-07-08T04:11:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/ride-hailing-apps-regs-to-be-issued-in-september\/"},"modified":"2018-07-08T04:11:32","modified_gmt":"2018-07-08T04:11:32","slug":"ride-hailing-apps-regs-to-be-issued-in-september","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/ride-hailing-apps-regs-to-be-issued-in-september\/","title":{"rendered":"Ride-hailing Apps regs to be issued in September"},"content":{"rendered":"

<\/a> LEGISLATION WATCH- The executive regulations of the Ride-Hailing Apps Act will be issued in September<\/strong>, government sources said<\/a><\/u> on Saturday. The regulations will outline licensing requirements and fees for ride-hailing companies such as Uber and Careem. Under the act<\/a><\/u>, which was signed into law last month<\/a><\/u>, companies will be required to pay up to EGP 30 mn (up from the EGP 10 mn cap previously suggested) for a five-year operating license. Companies will also pay a 25% down payment on these licenses and will pay the remaining fees in instalments over the five-year licensing period. Companies have six months to comply with the act (we\u2019re hoping that\u2019s six month from the time the regulations are issued, but\u2026).<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- The executive regulations of the Ride-Hailing Apps Act will be issued in September, government sources said on Saturday. The regulations will outline licensing requirements and fees for ride-hailing companies such as Uber and Careem. Under the act, which was signed into law last month, companies will be required to pay up to EGP […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626624","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"0c5c7d2f-ecfb-4c86-a5f3-8e43845d3010","order":"0","is_powered_by":true,"section_story_id":"1d121b27-bbb2-4d90-a810-4b7dbdf5bccc","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626606],"teaser":"","voice_url":""},"yoast_head":"\nRide-hailing Apps regs to be issued in September - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/08\/ride-hailing-apps-regs-to-be-issued-in-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ride-hailing Apps regs to be issued in September\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- The executive regulations of the Ride-Hailing Apps Act will be issued in September, government sources said on Saturday. 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The regs cover a variety of regulatory procedures, including registration, licensing, taxes and social insurance \u2014 stipulating that all\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/5.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":622818,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/14\/uber-and-careem-drivers-call-for-a-strike\/","url_meta":{"origin":626624,"position":1},"title":"Uber and Careem drivers call for a strike?","author":"enterpriseam admin","date":"14 October 2018","format":false,"excerpt":"Uber and Careem drivers call for a strike over gov\u2019t foot-dragging on exec regs? Drivers at ride-hailing companies Uber and Careem called on social media for a strike today to protest the delay in the issuance of the executive regulations that are set to govern the Ride-Hailing Apps Act, Al\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628568,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/08\/parliament-looks-to-smother-ride-hailing-in-the-baby-crib-by-approving-an-even-worse-version-of-the-ride-hailing-apps-act\/","url_meta":{"origin":626624,"position":2},"title":"Parliament looks to smother ride-hailing in the baby crib by approving an even worse version of the Ride-Hailing Apps Act","author":"enterpriseam admin","date":"8 May 2018","format":false,"excerpt":"LEGISLATION WATCH- Parliament looks to smother ride-hailing in the baby crib by approving its Ride-Hailing Apps Act: The House of Representatives approved in its plenary session yesterday the Ride-Hailing Apps Act. 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