Egypt court suspends ban on Uber and Careem’s services

An employee shows the logo of ride-hailing company Careem on his mobile in this file photo. (Reuters)
Updated 07 April 2018

Egypt court suspends ban on Uber and Careem’s services

  • An Egyptian court deemed it illegal to use private vehicles for taxi services and ordered Uber and Careem’s apps to be blocked in March.
  • Uber was founded in 2010 in San Francisco while its competitor Careem was founded in 2012 in Dubai.

Cairo: An Egyptian court has ordered the suspension of a ruling to revoke the licenses of the country’s ride-hailing services, Uber and Careem.
Saturday’s decision by the Cairo Court of Urgent Matters allows the two companies to operate until a higher court rules on an appeal against the ban.
In March, an Egyptian court deemed it illegal to use private vehicles for taxi services and ordered Uber and Careem’s apps to be blocked.
They have since continued operating nonetheless. Parliament is currently discussing a bill to legalize their work.
Taxi drivers have long complained that both companies enjoy unfair advantages as they neither pay the same taxes nor follow comparable licensing procedures.
Uber was founded in 2010 in San Francisco while its competitor Careem was founded in 2012 in Dubai.


Saudi Arabia: OPEC, allies coordinating to hold Saturday meeting

Updated 05 June 2020

Saudi Arabia: OPEC, allies coordinating to hold Saturday meeting

  • Russian energy ministry earlier confirmed the meeting

DUBAI: Saudi Arabia’s energy minister said on Friday that OPEC and its allies, a group known as OPEC+, were working to hold their oil output policy meeting on Saturday.
“The conditions right now warrant hopefully successful meetings. Coordination is under way to hold OPEC and OPEC+ meetings tomorrow afternoon,” Prince Abdulaziz bin Salman said.

The Russian energy ministry earlier similarly said a video conference of a group of leading oil producers, known as OPEC+, would be held on Saturday.