Uber and Careem ride-sharing companies operating in Egypt upped their prices over the Egyptian government's decision on rising fuel prices on Saturday.
The new prices were put into effect as of Monday.
On Saturday, Egypt upped fuel
octane 82 prices from 5 pounds per liter to 6.75, while octane 80 and diesel
oil upped from 3.65 pounds to 5.50.
Fuel octane 95 prices rose from 6.6 pounds to 7.75.
In Cairo, Uber starting
fees will stand at 7 pounds, while Careem's 7.5 pounds.
Uber raised prices from 2 pounds per kilometer to 2.30 and 30 piasters from each waiting minute.
In Alex, Uber's starting fees will be 6.50 pounds in lieu of 6. The rest of prices will be the same as in Cairo.
In Hurghada, Mansoura, Zagazaig, Tanta,
Damandhour, Uber's starting fees will be 6 pounds and 2.10 pounds for each
kilometer instead of 1.85.
Uber is one of largest contributors to the
national economic development. The company generated more than 150,000 jobs in
The San Francisco-based company had 4 million
users and employed 157,000 drivers in 2017.
The Dubai-based Careem is the region’s leading
app-based car service that makes ordering chauffeur-driven cars reliable, safe,
convenient, and affordable. Its customers can book a car on the Careem apps and
website, or by calling a call center. Careem is a pioneering company in the
region’s nascent ‘sharing economy’ – its mission is to make people’s lives
simpler by revolutionizing the transportation and logistics industry in the
region. Established in July 2012, Careem operates across 50 cities in the
Middle East North Africa (MENA) region including Abu Dhabi, Alexandria and the
north coast of Egypt, Amman, Beirut, Cairo, Casablanca, Dammam, Doha, Dubai,
Jeddah, Kuwait and Riyadh.