Private driver service will begin service in new cities in Saudi Arabia, Egypt, enter Pakistan, investment will go towards paying drivers, expanding staff DUBAI — Uber Technologies is investing $250m to expand in the Middle East and North Africa, which have some of the ride-sharing service’s fastest-growing markets.Over the next several years Uber would begin service in new cities in Saudi Arabia and Egypt and enter Pakistan, beginning in Lahore, said Jambu Palaniappan, the company’s regional general manager for the Middle East, Africa and Central and Eastern Europe. The investment would go towards paying drivers, expanding staff and enhancing Uber’s mobile application."We’re really bullish on where we’re headed here," Mr Palaniappan said on Tuesday at Uber’s regional headquarters in Dubai. "Succeeding here is a really important stake for our global business."The closely held company has a valuation of more than $50bn.Uber entered the region two years ago and operates in nine countr...
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