Egypt’s Ride-Hailing Applications, Uber and Careem, To Be Subjected to New Regulating Laws!

Via: sabreakingnews

By Nada Hamouda

On Sunday Egypt’s President, Abdel Fatah Al Sisi, has approved a law regulating the ride-hailing applications; Uber and Careem giving them the time frame of 6 months to adjust their legal status.

According to the law, a fine from EGP 200,000 to a maximum of EGP 5 million is to be imposed on anyone who operates a ride-hailing service without a license. In addition, there is a driving license for the drivers that won’t exceed EGP 1,000.

Via: Voice of Nigeria

Moreover, the companies would be obliged to hand in any information about their employed drivers, if the Police ever asked for.

The San Francisco-based Uber and the UAE-based Careem companies began operating in Egypt in 2014. However, the services have faced a lawsuit in February 2017 by taxi drivers. As they accused the services of violating traffic law by using private vehicles for commercial purposes.

WE SAID THIS: Those new regulations would definitely affect the fares especially after the recent gas prices’ rise.