{"id":645401,"date":"2017-07-19T03:43:53","date_gmt":"2017-07-19T03:43:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/"},"modified":"2017-07-19T03:43:53","modified_gmt":"2017-07-19T03:43:53","slug":"uber-follows-in-careems-footsteps-and-hikes-its-fares","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/","title":{"rendered":"Uber follows in Careem\u2019s footsteps and hikes its fares"},"content":{"rendered":"

<\/a> Ride-hailing app Uber decided on Tuesday to <\/strong>follow in the footsteps<\/strong><\/a> of competitor Careem and hike its fares<\/strong> after recent fuel prices hikes, Daily News Egypt says<\/a>. The base fare for Uber\u2019s 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<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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\u2019s standard service will rise to EGP 6 from EGP 5, while the fare for its premium Uber Select service increased to EGP 7 […]<\/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-645401","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"7ed11e4d-7610-48e4-beef-33def1e30d8f","order":"0","is_powered_by":true,"section_story_id":"062f1b46-09b9-44c4-b5bc-09c9965951d6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645388],"teaser":"","voice_url":""},"yoast_head":"\nUber follows in Careem\u2019s footsteps and hikes its fares - 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\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uber follows in Careem\u2019s footsteps and hikes its fares\" \/>\n<meta property=\"og:description\" content=\"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\u2019s standard service will rise to EGP 6 from EGP 5, while the fare for its premium Uber Select service increased to EGP 7 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-19T03:43:53+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Uber follows in Careem\u2019s footsteps and hikes its fares\",\"datePublished\":\"2017-07-19T03:43:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/\"},\"wordCount\":129,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/uber-follows-in-careems-footsteps-and-hikes-its-fares\/\",\"name\":\"Uber follows in Careem\u2019s footsteps and hikes its fares - 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The base fare has been increased to EGP 5 from EGP 4.75 previously, while the fare for each kilometer traveled was raised to EGP 2, up from EGP 1.70. The\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627944,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/19\/government-hikes-fuel-prices-by-c-50\/","url_meta":{"origin":645401,"position":2},"title":"Government hikes fuel prices by c. 50%","author":"enterpriseam admin","date":"19 June 2018","format":false,"excerpt":"Fuel price hikes came into effect over the long weekend: The government raised the price of fuel products by c. 50%, according to a detailed price list put out by the Oil Ministry. The subsidy cuts were necessary to save the FY2018-19 budget around EGP 90 bn in fuel subsidy\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":621275,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/uber-careem-to-pay-22-5-corporate-tax-drivers-to-pay-3\/","url_meta":{"origin":645401,"position":3},"title":"Uber, Careem to pay 22.5% corporate tax; drivers to pay 3%","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"** #5 EXCLUSIVE- Uber, Careem to pay 22.5% corporate tax; drivers to pay 3%: Ride-hailing apps Uber and Careem have reached a tax agreement with the government that would see them pay 22.5% in corporate taxes, a government source told Enterprise. Drivers for the apps will have to pay 3%\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":621902,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/careem-in-talks-with-adviser-on-potential-uber-merger\/","url_meta":{"origin":645401,"position":4},"title":"Careem in talks with adviser on potential Uber merger","author":"enterpriseam admin","date":"21 November 2018","format":false,"excerpt":"M&A WATCH- Uber, Careem merger talks appear to be in advanced stages despite Egyptian Competition Authority warning: Dubai-based ride-hailing operator Careem is using investment bank Jefferies as an advisor on a potential merger with Uber, three inside sources told Reuters. 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