Egypt approves Uber's $3.1B acquisition of Careem after setting price caps and other measures designed to keep the local market competitive (Abdel Latif Wahba/Bloomberg)

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Techmeme

Abdel Latif Wahba / Bloomberg:
Egypt approves Uber's $3.1B acquisition of Careem after setting price caps and other measures designed to keep the local market competitive  —  Egypt signed off on Uber Technologies Inc.'s acquisition of ride-hailing peer Careem Inc. after setting price caps and other measures designed to keep the local market competitive.

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