Middle-east Arab News Opinion | Asharq Al-awsat

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Uber mobile app, Reuters.

Uber Ready to Make Concessions to Reverse London Licence

by Asharq Al-Awsat Online | Sep 24, 2017 | Lifestyle & Culture

London- US taxi firm Uber is prepared to make concessions as it seeks to reverse a decision by London authorities not to renew its license in the city, which represents a potentially big blow for the fast-growing company, ‘The Sunday Times’ reported. The...

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A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London September 22, 2017. REUTERS/Toby Melville

Uber has its London Licence Stripped

by Asharq Al-Awsat English | Sep 22, 2017 | World

London’s transport regulator stripped Uber on Friday of its license to operate from the end of September. The decision will affect more than 40,000 drivers in a massive blow to the taxi app. “Uber’s approach and conduct demonstrate a lack of corporate responsibility...

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Ride-hailing app Careem. (AFP)

China’s DiDi Invests in Middle East Ride-Hailing Service Careem

by Asharq Al-Awsat English | Aug 8, 2017 | Business

China’s largest ride-hailing firm DiDi Chuxing has invested in Careem, the Dubai-based Middle East online taxi service. This new partnership deal marks Didi’s latest international expansion against rival Uber. DiDi is seeking to turn up the heat on...

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Grab Taxi/ Image Credit: Edgar Su / Reuters

Grab, Uber’s Competitor, to Get $2.5 Billion in Funds

by Asharq Al-Awsat | Jul 26, 2017 | Technology

Singapore- Seeking to extend its lead over Uber, southeast Asia based ride-hailing firm Grab announced it expects to raise $2.5 billion from Chinese peer Didi Chuxing and Japan’s SoftBank Group Corp and others. The pair will invest up to $2 billion. Grab said on...

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The Uber mobile phone app. (Getty Images)

The World is about to Change Even Faster

by Barry Ritholtz | Jul 11, 2017 | Opinion

We sometimes take for granted that which is right before our collective noses. Creative destruction caused by technology is so rampant that it is practically a cliche. It is easy to ignore not only the speed at which disruption caused by technology is affecting...