Egypt's Qalaa: chairman on no-fly list due to court ruling over unpaid $5 mln    Egypt's stocks finished in mixed notes as benchmark EGX 30 adds 0.47%    Egypt could see 4-5 IPOs in H2: chairman    Disruptech Ventures leads funding round for Egypt's 1st agri-fintech platform    Fatura closes $3m pre-series A investment round    Group-IB uncovers ongoing large-scale scam targeting Middle East, Africa    America is back? Experts warn multiple issues threaten to divide NATO    Italian film 'Mi chiamo Francesco Totti' wins BankGiro Loterij Audience Award at IFFR    24th Shanghai Film Festival marks Communist Party of China centenary    Opposition center-right party wins Finland local elections, PM's party loses    Macron wants to 'move forward' with Turkey ties    Shoukry heads to Doha for talks on GERD issue    With surge in virus, Oman faces shortage of hospital beds: AP report    Safwa Holding launches S-One in New Capital with EGP 750m in investments    Global financial institutions commit $80 bln to support Africa's sustainable recovery    Cairo Court announces 3 decisions in Zamalek apartment case    A potential Ahly CAF Champions League final game causes dilemma for Olympic team    Egypt development projects in South Sudan serve as role model in Africa: Irrigation minister    Novavax: Large study finds COVID-19 shot about 90% effective    Some US allies near Russia are wary of Biden-Putin summit: AP report    Investing in Egypt 'right' decision amid stability, growth: French minister    Arab League in contact with Security Council to support Egypt, Sudan on GERD issue    Palestinian delegation in Cairo to discuss Gaza reconstruction    The Nile for Peace Initiative calls for reaching a legally-binding agreement over GERD issue    Shoukry accuses Ethiopia of obstructing efforts to reach GERD agreement    Egypt, UNFPA to discuss further support to achieve 2030 agenda    Palestinian-Jordanian The Synaptik and Egyptian Felukah rappers team up in 'Nefsi' single    APO Group enters new exclusive agreement with Getty Images on African press releases and images    AstraZeneca shots should be halted for over-60s too: EMA official    Iconic Iraqi poet Saadi Youssef dies at 87 in London    Former Egypt foreign minister urges unified Arab action on 'fateful issues'    Denmark's Eriksen remains in hospital after collapse    Chile's Sanchez out of Copa America group stage with injury    Independent Teachers Union holds 4th general assembly, discusses education issues    Defending champions Brazil hosts Copa America    Saudi Arabia limits 2021 Hajj pilgrimage to citizens, residents    Celebrating 87th birthday of late Egyptian actress Zahrat El-Oula Bakir    France's Benzema eyes national team return    Euro 2020 to kick off Friday following COVID-19 delay    Egypt is on short list of partner countries for U.S. COVID-19 vaccines: embassy    Russia to resume charter flights to Egypt resorts in the coming days    Biden administration to send surplus U.S. COVID-19 vaccines to Egypt, several countries    Russia expects to resume charter flights to Egypt resorts in near future    Egypt's Sisi announces allocation of $500 million for reconstruction in war-wrecked Gaza    On International Museum Day, Egypt opens two new museums at Cairo Airport    Egypt's Ahly is establishing a new stadium, expected to be 'sports complex'    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    Veteran Egyptian journalist Makram Mohamed Ahmed passes away at 86    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Rid-hailing Careem, Uber raise fares after fuel hikes
Published in Amwal Al Ghad on 11 - 05 - 2021

Ride-sharing firms Uber and Careem announced on Tuesday an increase trip rates as of May 11, in response to the Egyptian Cabinet's decision earlier in April to raise fuel prices.
The average increase in fares amounts to 0.25 Egyptian pounds ($0.016) to open the metre and an additional 0.15 pounds per square kilometre.
Private Car Pricing
The base fee for both services when opening the metre rose to 7.50 pounds from 7.25 pounds.
The price per kilometre has risen to 2.85 pounds from 2.70 pounds, and the cost-per-minute when a driver is waiting went from to 0.42 pounds from 0.40 pounds.
The minimum price for ride is around 12 pounds.
Connect and Scooter Services
The minimum price for these trips after the raise is 6 pounds, and initiating a ride now costs 5 pounds instead of 4 pounds. Riders will be charged 1.75 pounds per kilometre and 0.35 pounds per minute waiting.
Egypt: Fuel Price Hikes
In late April, Egypt increased the price of gasoline in the local market by 0.25 pounds per litre following a recommendation from the Automatic Pricing Committee for Petroleum Products, which monitors and adjusts petroleum product prices in Egypt on a quarterly basis.
The new prices per litre had been set as follows: 6.50 Egypt pounds for 80 octane gasoline, 7.75 pounds for 92 octane gasoline, and 8.75 f pounds for 95 octane gasoline.
Prices of industrial-use Mazut were kept at 3,900 pounds per tonne and diesel fuel at 6.75 pounds per litre.
The committee reiterated its decisions to the exceptional situation that the world is in due to the impacts of the coronavirus pandemic.


Clic here to read the story from its source.