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English news

15-Aug-2016

Uber to invest EGP500mn in Egypt over two years

Uber plans to invest EGP500mn in Egypt over the coming two years, towards providing more resources and training to grow the network and develop technology to reach more people and cities, Uber Egypt General Manger said. The plan is part of EGP2.2bn Middle East expansion plan, he added. Meanwhile, the company has over 30 thousand drivers, 40% of them were unemployed before joining. (Al Borsa)

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