Saudi ‘Arheb’ Offers Smart Shared Transport Solutions, Preserves Saudi Environment

Arheb application for shared transportation (Photo: Abdullah Al-Falih)
Arheb application for shared transportation (Photo: Abdullah Al-Falih)
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Saudi ‘Arheb’ Offers Smart Shared Transport Solutions, Preserves Saudi Environment

Arheb application for shared transportation (Photo: Abdullah Al-Falih)
Arheb application for shared transportation (Photo: Abdullah Al-Falih)

Saudi Arabia’s “Arheb” transportation platform will connect drivers and passengers wishing to travel together between the country’s governorates and cities, in addition to neighboring Gulf and Arab countries.

Arheb ensures the lowest cost of transportation for users and provides weekly and monthly packages for employees and students at competitive prices.

Arheb is the first ridesharing application in Asia and Africa that offers an integrated carbon footprint calculator.

The application aligns with Crown Prince Mohammed bin Salman’s “Saudi Green” initiative, which works to increase Saudi Arabia’s dependence on clean energy, reduce carbon emissions and protect the environment.

“Arheb is a 100 % Saudi application launched from Makkah. It employs 1,800 captains, including 500 women,” said Salem bin Shamekh, general manager of the Arheb Information Technology Company.

“It is considered the giant of shared transportation within cities in Saudi Arabia, and also provides private economic and luxury trips outside the cities,” Shamekh told Asharq Al-Awsat.

“Our prices are very acceptable,” affirmed the general manager.

Arheb provides ridesharing with the lowest seat cost in intercity travel and the cheapest commission in ridesharing applications.

The application offers travels to the UAE, Bahrain, Qatar, Oman, and Jordan.

Prices for trips between Saudi cities start at SAR 19 ($5).

The starting fares for trips from Saudi Arabia to Gulf countries is SAR 19 ($5) as well.

From Riyadh to Doha it costs SAR 99 ($26.4). Prices from Tabuk to Amman, the capital of Jordan, start at SAR 89 ($23.7).

Shamekh revealed that Arheb will be participating in the upcoming Hajj season by providing a fleet of buses as well as shared cars between cities to serve the pilgrims, indicating that the reservation of seats will be through the application directly.



Egypt Central Bank Keeps Key Interest Rates Unchanged

A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
TT

Egypt Central Bank Keeps Key Interest Rates Unchanged

A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
A general view of Cairo skyline during sunset, with foggy cold weather around the country, Cairo, Egypt February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo

Egypt's central bank kept its key interest rates unchanged on Thursday, it said in a statement.

The overnight lending rate remained at 28.25%, while the overnight deposit rate stood at 27.25%, the central bank said.