Cairo - Mubasher: Egyptian minister of investments and international cooperation Sahar Nasr met with the general manager of Uber - Egypt, Abdellatif Waked to discuss the company’s expansion in different governorates.
The ministry said in a statement on Monday that during the meeting the minister stressed the government’s keenness to create a positive business environment, supported by legislative reforms that guarantees pumping new investments in the private sector, to create new job opportunities for the Egyptian youth.
The meeting was held on the sidelines of the World Youth Forum, held in Sharm El Sheikh, with more than 70 official delegations, 3,000 participants from around the globe.
Waked stressed that the company aims at increasing its activity in the Egyptian market, after it recently launches a new services center in Cairo, as it plans to make Cairo the regional customer center for the entire Middle East and North Aftica (MENA) region.
The manager of Uber Egypt stated that the company was able through its investments to employee thousands in the last three years.
Nasr also noted that a draft law for private companies working in the transportation sector will soon provide a legislative frame for companies operating in the field such as Uber.
Last September, the minister said that P resident Abdel Fattah El Sisi asked Uber officials to introduce public transportation soon in all governorates.
The minister then indicated that Uber will soon launch its public bus services in Egypt.
