CAIRO (Reuters) - Uber Technologies Inc has launched a bus-booking service in Cairo, the company's chief executive said on his first visit to Egypt on Tuesday, as the company aims to tap a sprawling low-income market.
"There are millions of people in Egypt and around the world who still face real barriers to using Uber," CEO Dara Khosrowshahi said, adding that the new products will make the company's services more accessible.
"Egypt and the Middle East region are hugely important to Uber and we will continue to heavily invest in this part of the world," Khosrowshahi said.
The new bus service will be the cheapest of Uber's services in Cairo, he said.
Uber has been testing the service since September and will expand across Cairo in the coming months.
(Reporting by Lena Masri; Editing by Sami Aboudi and David Goodman)
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