Uber, Careem reveal to ECA details of their acquisition deal, waiting for its decision
As per law, ECA to take one of three decisions: approval, rejection,…
Uber acquires Middle Eastern competitor ride hailing app Careem for $3.1bn
The transaction is expected to close in the first quarter of 2020
ECA warns Uber, Careem of merger before obtaining consent
Agreement between two parties will increase obstacles to market entry, expansion, harm…
Uber’s acquisition of Careem contrary to law: Egyptian Competition Authority
Egyptian Competition Authority added that these practices considered violation of law
Competition Authority studying complaint filed from Careem, Ousta against Uber
The Egyptian Competition Authority announced on Wednesday that it is currently studying…
Talks between Uber, Careem to merge their services in Middle East
We do not comment on rumours: Careem
Careem officially raises prices of GO, GO+ services
Ride-hailing application Careem officially revealed the new prices of its services on…
Cyber breach of Careem customer, driver data
Ride-hailing company Careem identified a cyber incident involving unauthorised access to the…
Modest changes made to controversial user data article in Uber, Careem law
A joint committee of the Egyptian Parliament applied amendments regarding some disputed…
Egypt’s Urgent Affairs Court nullifies verdict banning Uber, Careem
The Egyptian Court of Urgent Affairs nullified on Saturday the Supreme Administrative…
