Egypt’s parliament has given Uber and Careem six months to adhere to a new law regulating ride-hailing apps in the country on, according to media reports. Article 2 of the new law, approved by MPs on Sunday, states that ride-hailing services that use private vehicles or mass transport systems must legalise their status pursuant to the provisions of the law within six months. They must pay a fee to regulate their status, though it does not exceed the yearly licensing fee as determined by the prime minister. Article 3 states that the prime minister will put the regulations needed to enforce the provisions of the law in place based on suggestions by the cabinet or authorised bodies within two months of the issuance of the law. One such decision is that the licensing fee for drivers does not exceed EGP 1000. Penal articles included in the law will not be enforced before the six-month period is up. A fine of between EGP 200000 and EGP 5 million is set to be imposed on anyone who operates a ride-hailing service without a license. Voting on several articles has been postponed by…
