Egyptian regulators have approved Uber’s $3.1 billion acquisition of regional rival Careem after agreeing to a set of commitments proposed by the U.S.-based ride-hailing service meant to reduce harm to competitors.

For more information, please see https://www.reuters.com/article/us-careem-m-a-uber/egypt-competition-watchdog-approves-uber-acquisition-of-careem-with-conditions-idUSKBN1YX07Q