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Uber partners up with Egypt’s peer-to-peer car sharing platform Dryve, aiming to revolutionize the rental car market

Egypt’s peer-to-peer car sharing platform Dryve, announces it partnership with Uber Egypt, allowing access to their vehicles for people who wish to be Uber drivers. This comes as part of Uber’s ongoing efforts to support drivers and enable Egyptians to better access the economic benefits of flexible work.

Head of Uber Egypt, Ahmad Hammouda, comments on the partnership saying that it represents their mutual commitment to innovate to ensure drivers and vehicle owners are supported and empowered by technology, and can supplement their incomes seamlessly with part-time work. “Our statistics show that the Egyptian market needs more flexible work opportunities with the fewest possible barriers to entry, as part-timers currently contribute to 70 percent of active drivers base. Connecting drivers to vehicles for short term rentals is a further step towards our goal to make the economic empowerment provided by the ride-sharing industry more accessible,” he adds.

With the aim to revolutionize the rental car market in Egypt, Dryve allows car owners to rent out their unused vehicles. This contributes to Uber’s goal of complementing the existing transportation network in Egypt as they aim to further congestion in cities, especially with the overabundance of unused parked cars clogging the streets.

Gamal Aboul Enein, CEO and Co-Founder of Dryve, elaborates on the partnership saying: “This mutually beneficial partnership enables Dryve to tap into Uber’s massive pool of demand, while in turn providing an innovative solution to address the challenge of drivers’ accessing vehicles by unlocking a vast and uncharted market.”

In addition, Dryve has also partnered up with insurance company, AXA and have introduced the first of its kind insurance policy – PAYD (Pay as You Drive). PAYD is the first fully digitalized claims process, which gurantees the insurance of all the listed vehicles during Dryve rentals.

 

Startup MGZN

Startup MGZN