Tag: Careem

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,…

Nehal Samir Nehal Samir

Uber acquires Middle Eastern competitor ride hailing app Careem for $3.1bn

The transaction is expected to close in the first quarter of 2020

Nehal Samir Nehal Samir

ECA warns Uber, Careem of merger before obtaining consent

Agreement between two parties will increase obstacles to market entry, expansion, harm…

Daily News Egypt Daily News Egypt

Uber’s acquisition of Careem contrary to law: Egyptian Competition Authority

Egyptian Competition Authority added that these practices considered violation of law

Daily News Egypt Daily News Egypt

Competition Authority studying complaint filed from Careem, Ousta against Uber

The Egyptian Competition Authority announced on Wednesday that it is currently studying…

Daily News Egypt Daily News Egypt

Careem officially raises prices of GO, GO+ services

Ride-hailing application Careem officially revealed the new prices of its services on…

Daily News Egypt Daily News Egypt

Cyber breach of Careem customer, driver data

Ride-hailing company Careem identified a cyber incident involving unauthorised access to the…

Daily News Egypt Daily News Egypt

Modest changes made to controversial user data article in Uber, Careem law

A joint committee of the Egyptian Parliament applied amendments regarding some disputed…

Sarah El-Sheikh Sarah El-Sheikh

Egypt’s Urgent Affairs Court nullifies verdict banning Uber, Careem

The Egyptian Court of Urgent Affairs nullified on Saturday the Supreme Administrative…

Fatma Lotfi Fatma Lotfi