Sahar Nasr, Uber in talks for investment boost in Egypt

Big 5

Egypt’s Minister of Investment and International Cooperation Sahar Nasr held talks on Wednesday with first deputy chairman of the US-based Uber company Tony West.

The talks took up the means of increasing the company’s activities in Egypt.

This comes within the framework of Uber’s plan to invest $100 million in Egypt over the coming five years.

West lauded the investment atmosphere in Egypt and the incentives offered by the government to investors, which is why his company is seeking to increase its investments in Egypt.

Source: MENA

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