• Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
Federal Character
No Result
View All Result
Federal Character
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance
Uber CEO Meets Jordan's Crown Prince Weeks After Nigeria Exit

Uber CEO Meets Jordan’s Crown Prince Weeks After Nigeria Exit

Somto NwanoluebySomto Nwanolue
3 weeks ago
in Business & Finance
Reading Time: 3 mins read
A A
0
Facebook ShareWhatsapp ShareX Share

Uber CEO Dara Khosrowshahi met with Jordan’s Crown Prince Al Hussein bin Abdullah II to discuss expanding the company’s services in the kingdom, less than three weeks after Uber shut down operations in Nigeria and Uganda.

The meeting took place on September 21 on the sidelines of the 81st United Nations General Assembly in New York. Discussions covered potential cooperation in tourism services, coordination with Jordan’s “Jordan Source” initiative, and the expansion of Uber’s services in the country.

 

Table of Contents

Toggle
  • The Jordan Opportunity
  • The African Exits
  • The Global Reorganization
  • The Bottom Line
  • My Opinion

The Jordan Opportunity

Uber has operated in Jordan for years, including through its Uber Taxi service, which it launched in 2019 by connecting the company’s technology with licensed local taxi drivers. The launch made Jordan the first market in the Middle East where Uber introduced the product.

Uber CEO Meets Jordan's Crown Prince Weeks After Nigeria Exit

The latest talks indicate that Jordan remains a market where Uber sees opportunities to expand its mobility offering, even as the company has pulled out of some African markets.

The African Exits

Uber announced on September 2 that it would cease operations in Nigeria after 12 years, while also ending its operations in Uganda. The company said the Nigeria decision followed a review of its business but did not provide a specific reason for the withdrawal.

The exits came as ride-hailing platforms faced higher operating costs in parts of Africa, including rising fuel, vehicle-maintenance, and other business expenses.

The Global Reorganization

Khosrowshahi’s meeting in Jordan also comes as Uber reorganizes globally. On September 2, the CEO announced organizational changes that included reducing Uber’s workforce by about 10% and concentrating investment on what the company described as its biggest opportunities.

Despite those changes, Uber reported strong international performance in the second quarter of 2026, with gross bookings exceeding $58 billion and international growth remaining strong.

The Bottom Line

Uber CEO Dara Khosrowshahi met with Jordan’s Crown Prince to discuss expanding the company’s services in the kingdom. The meeting came less than three weeks after Uber exited Nigeria and Uganda. Jordan remains a key market where Uber already operates its Uber Taxi service. The talks highlight a contrasting direction for Uber: withdrawing from some African markets while deepening its footprint in the Middle East.

My Opinion

Uber is retreating from Africa’s hardest markets and doubling down where the math works better. Nigeria and Uganda were expensive to operate. Fuel costs were rising. The regulatory environment was unpredictable. The margins were thin. Jordan, by contrast, has an established taxi network, a government eager to partner, and a Crown Prince willing to take a meeting at the UN General Assembly.

This is not a moral failure. It is a business decision. Uber is a publicly traded company. It answers to shareholders, not to the Nigerian drivers who depended on it for income. If the economics do not work, the company leaves. That is how markets function.

But it is worth asking what Uber’s exit says about the broader investment climate. When a global giant like Uber decides that Nigeria is not worth the cost of doing business, it sends a signal. Other companies notice. The ride-hailing market in Nigeria will survive. Bolt and InDrive are still there. Local alternatives will fill the gap. But the drivers who lost their livelihoods are not thinking about market signals. They are thinking about their next paycheck.

Uber met a Crown Prince in New York three weeks after it left Nigerian drivers behind. That contrast is not lost on anyone paying attention.

Tags: BusinessCrown Princefederal characterForeign NewsJordanNewsNigeria ExitUber CEO
Share234SendTweet147
Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

Related Stories

US Inflation Surges as Trump Faces Double Blow Before Midterms

US Inflation Surges as Trump Faces Double Blow Before Midterms

bySomto Nwanolue
0

President Donald Trump suffered a second inflation setback in as many days Thursday after a key economic indicator recorded its largest monthly increase in more than four years....

Ukraine Hits Russian Refinery as Zelensky Tells Trump 'We're Done'

Ukraine Resumes Russia Oil Refinery Strikes as Zelensky Says ‘We’re Done’

bySomto Nwanolue
0

Ukraine has resumed strikes on Russian oil refineries after President Volodymyr Zelensky angrily accused the United States of betraying Kyiv with a "dangerous" withdrawal of support critical to...

Trump Dollar Coins: US Treasurer Urges Supporters to Spend Them at Liberal Cafés

Trump Dollar Coins: US Treasurer Urges Supporters to Spend Them at Liberal Cafés

byAyobami Owolabi
0

US Treasurer Brandon Beach has urged Americans to purchase newly minted dollar coins bearing President Donald Trump’s likeness and spend them at coffee shops he describes as liberal,...

US Tech Firm Promises Kansas Residents $1,000 in Yearly Credits for a Decade

US Tech Firm Promises Kansas Residents $1,000 in Yearly Credits for a Decade

byAyobami Owolabi
0

Digital Realty, a US-based real estate developer, has proposed giving households in De Soto, Kansas, $1,000 in utility and property tax credits annually for a decade as it...

Next Post
Harborplace Developer Blasts Lawsuit as 'Nostalgia for a Few'

Harborplace Developer Blasts Lawsuit as 'Nostalgia for a Few'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Federal Character

We bring to you precise and factual news.
Towson, Baltimore, Maryland, USA

Recent Posts

  • Hilda Baci to Rachel Ojuromi: The Problem With Nigeria’s Copycat Culture
  • Texas: Austin Man Arrested for Soliciting Houston Teen Online
  • Jimmy Kimmel Fires Back After White House Calls Him ‘No-Talent Loser’

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Sports
  • Tech

Weekly Newsletter

  • Home
  • About Federal Character
  • Advertise With Us
  • Cookie Policy
  • Sitemap

Copyright © FederalCharacter.com 2026 .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Government
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Health
  • About Federal Character
  • Advertise With Us

Copyright © FederalCharacter.com 2026 .