The Bell Nexus concept “flying car” is shown at the Uber Elevate summit in Washington on Wednesday. Agence France-Presse
Uber Technologies has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said in its IPO filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab on a snowy night and has changed the way much of the world travels.
Global ride-hailing firm Uber Technologies is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said.
Estonia’s Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers
Emirates airline has partnered with Uber to offer UAE travellers discounted airport transfers this summer. Emirates Economy Class Flex Plus and Economy Class Flex customers can avail free or discounted airport rides to and from DXB on bookings made starting from June 2 until July 31, for travel until Aug.31.
The Federal Tax Authority (FTA) has called on all businesses registered for Excise Tax to comply with the minimum price that has been fixed for tobacco products and update it in the Authority’s system,
European shares eked out small gains on Tuesday as talk of progress in China-US trade talks was offset by mixed corporate earnings, while sterling held below $1.30 ahead of another crucial Brexit vote.
Dubai has organised the International Desalination Association (IDA) World Congress 2019 under the patronage of Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa).
Etihad Airways, the UAE’s national airline, and Saudia, the national flag carrier of Saudi Arabia, have marked the first anniversary of their commercial partnership by announcing 12 new codeshare routes to key destinations in Asia and Europe.