Minister of Investment Participates in Uber’s Pitch n’ Ride Activity at RiseUp Summit 2017

Cairo, Egypt

Uber Egypt announced its participation at the RiseUp Summit, supporting the region’s leading innovation and entrepreneurship summit by bringing together investors and startups through its Pitch n’ Ride activity. Dr. Sahar Nasr, Minister of Investment and International Cooperation, also took part in the activity by meeting one of the startup founders, Fady Azzouny representing Vetwork, and taking the activity’s ride around downtown Cairo in a Tesla. Uber Egypt’s General Manager, Abdellatif Waked, and UberEATS’ MEA General Manager Nic Robertson shared their experiences and startup-related learnings in their talks on the first and second days of the summit.

Uber’s Pitch n’ Ride was one of the Summit’s pitching activities, where Uber got the opportunity to give back to the entrepreneurship ecosystem to help grow more startups through the matchmaking activity. The activity gave opportunity to 10 startup founders to pitch their idea to a leading investor in a 10-minute ride around Tahrir Square in a Tesla. The investors shared advice, learnings, and tips to help develop the startup into its next phase. Some investors also chose prominent ideas to invest in, bringing the founder’s idea to real life. The activity has been part of the RiseUp Summit for three years.

As a keynote speaker, Nic Robertson flew to Cairo to bring his expertise on UberEATS to the RiseUp Summit attendees. Robertson discussed the power of technology, and the convenience it brings today to moving around cities and to the food delivery experience. “The Summit showed me how important entrepreneurship is to Egyptians, and it is our role as Uber to tell attendees how big companies started with only an idea – Uber. The Uber technology has helped move people around more than 700 cities globally, and is now transforming the food delivery system in more than 200 cities globally. With the growing transformations as a goal, we are excited to expand UberEATS to new cities, and soon to Cairo”.

Taking part in a panel discussion, among key industry leaders, on how companies should attract and keep talents to hire, Abdellatif Waked gave advice and shared his experience with startup founders. “Uber is very committed to Egypt, and I am very excited to have been able to share my experience before and while working at Uber with the crowd. Egypt’s entrepreneurial scene is growing and we will continue to bring our experiences and learnings to be part of this growth.”

Uber has been a main partner at the RiseUp Summit for three consecutive years, bringing pitching and social activities to the crowd, and global and local speakers to bring their expertise to the entrepreneurial scene in Egypt and Middle East.

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