Congested Cairo to become regional hub for Uber


  • TECH
  • Thursday, 27 Oct 2016

Uber Egypt's General Manager Anthony Khoury speaks during an interview with Reuters at his office in Cairo, Egypt October 19, 2016. Picture taken October 19, 2016. REUTERS/Amr Abdallah Dalsh

CAIRO: Ride-hailing service Uber plans to make Cairo a regional hub with an investment of more than US$50mil (RM207.79mil) in the next two years, building on its breakneck growth in the infamously traffic-clogged city, its Egypt general manager said. 

The company has committed to investing US$250mil (RM1.03bil) over the next five years in the Middle East, where Cairo, a sprawling city of 20 million, has emerged as the jewel in its growth strategy. 

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