Business Emerging Markets Headlines Morocco

Uber officially returns to Morocco

Uber announced its return to Morocco, marking a major step in the country’s urban mobility landscape. The global ride-hailing giant, already active in more than 70 countries, confirmed the launch of its services in Casablanca and Marrakech through exclusive partnerships with transport operators. The move comes as Morocco accelerates its digital transformation and prepares to […]

Egypt Features Headlines

Cairo criminal appeal court acquits Uber driver of attempted kidnap of Habiba Al-Shamaa

On August 22, 2024, a Cairo criminal appeal court acquitted an Uber driver of attempting to kidnap 24-year-old Habiba Al-Shamaa, who tragically died after jumping from his moving vehicle. However, the driver was sentenced to five years in prison for drug possession and use. This decision can be appealed, with the Court of Cassation holding […]

Egypt Energy Headlines

Egypt in talks with three Chinese companies to launch production of electric cars in 2023

Egypt is in contact with Chinese companies with three potential companies for the production of electric cars in 2023 for an investment of $127 million, Bloomberg reported. The companies, no identified, will collaborate with state-run El Nasr Automotive Manufacturing Co., Public Enterprise Minister Hisham Tawfik told Bloomberg in an interview. Tawfik also the media production […]

Headlines Morocco

Uber Leaves Morocco to Delight of Conventional taxis

Uber announced that it will cease its activities in Morocco where only conventional taxis are recognized. The company said in a statement ““Since we launched in Morocco over two years ago, there has been a lack of clarity about new platforms like Uber and how they fit into the existing transport model.” Uber said that […]

Headlines Morocco

Ford Launches Contest to Develop Taxi Sharing, Carpool Apps in Morocco

Ford is inviting developers of the world to participate at a contest that aims at creating apps and technological solutions focusing on making shared rides, whether on Taxi or a car, faster, safer and more cost and time efficient both for drivers and passengers. Building on Morocco’s taxi sharing tradition, Ford calls on developers to […]