Over 31 Million People Used Uber in Middle East Since its Launch

The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, New York, US, November 17, 2021. (Reuters)
The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, New York, US, November 17, 2021. (Reuters)
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Over 31 Million People Used Uber in Middle East Since its Launch

The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, New York, US, November 17, 2021. (Reuters)
The logo for Uber Technologies is seen on a vehicle in Manhattan, New York City, New York, US, November 17, 2021. (Reuters)

Uber, the global taxi-hailing app, revealed on Sunday that over 31 million riders took trips using the app since its launch in the Middle East and North Africa (MENA) region.

According to the “Uber MENA: 2021 in Numbers” report, 703,000 drivers in Egypt, 530,000 in Saudi Arabia and 18,000 in the UAE made trips since the service was launched.

It said 2021 continued to be “dramatically shaped by the ever-evolving global pandemic.”

“As everyone adapted to this new normal, people continued to use Uber in all different ways to suit their changing needs - whether it be from their homes, on their holidays, at their place of work, and everywhere in between.”

The roll out of vaccines and relaxing of some restrictions over the course of the year meant that international travel became an option again for many, the report read, noting that the app saw an increase in the number of people commuting into offices and places of work again.

It revealed some of its key travel trends from 2021.

The year’s number one rider was from Saudi Arabia and topped the charts with an impressive 1,706 trips in 2021 - taking on average four trips a day.

Drivers have been busy too, it stressed, noting that the top drivers made thousands of trips through the app, such as 7,613 in the Kingdom’s Eastern Province, 6,978 in Cairo, and 4,244 in Dubai.

Meanwhile, Uber Bus reached another milestone and witnessed growth of 2.4% compared to 2020 as it continued to facilitate affordable trips for commuters across Cairo.

The report underscored Uber’s role in supporting the community through the coronavirus pandemic, as riders have taken more than 126,355 free or discounted trips through the app to and from COVID-19 vaccination centers.

Tourist hot spots in the Middle East were popular trip destinations. The Boulevard in Riyadh is considered one of the top destinations in the Kingdom. Dubai's Burj Khalifa, the tallest building in the world, was also popular, racking up 319,596 trips, as well as the Great Pyramids of Giza in Egypt with 14,747 trips.



Oil Steady but on Track for Weekly Drop on Firmer Supply Outlook

FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo
FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo
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Oil Steady but on Track for Weekly Drop on Firmer Supply Outlook

FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo
FILE PHOTO: A ship is moored near storage tanks at an oil refinery off the coast of Singapore October 17, 2008. REUTERS/Vivek Prakash/File Photo

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased output from Libya and the broader OPEC+ group against fresh stimulus from top importer China.

Brent crude futures were up 8 cents, or 0.1%, at $71.68 per barrel as of 1130 GMT, while US West Texas Intermediate crude futures were up 11 cents, or 0.2%, to $67.78.

On a weekly basis, Brent was down almost 4%, while WTI was on track to lose nearly 6%, Reuters reported.

China's central bank on Friday lowered interest rates and injected liquidity into the banking system, aiming to pull economic growth back towards this year's target of roughly 5%.

More fiscal measures are expected to be announced before Chinese holidays starting on Oct. 1 after a meeting of the Communist Party's top leaders showed an increased sense of urgency about mounting economic headwinds.

Meanwhile, rival factions staking claims for control of the Central Bank of Libya signed an agreement to end their dispute on Thursday. The dispute had seen crude exports fall to 400,000 barrels per day (bpd) this month from more than 1 million last month.