Uber won't return to Abu Dhabi over 'prohibitive' regulation
Company says current rules mean it would be unable to offer competitive service in UAE capital
Uber has said it will not return to Abu Dhabi because regulations make the cost of operating in the city is too high.
The National reported remarks from Uber Middle East general manager Anthony El Khoury, who said that it was not feasible to run an affordable and convenient service due to regulatory restrictions.
Uber shut down its services in Abu Dhabi in 2016, because of regulations that mean it has to charge 30% more than standard taxi services.
Khoury said: "The reality is that we still feel that the current regulation, specifically on pricing, makes it a bit difficult for us to have an affordable and convenient service in Abu Dhabi."
"What I can tell you is we have a philosophy of affordable transportation for everyone. Today's regulation is prohibitive," he said. "This is why we are going to continue the discussions. Now depending on how the discussions go we might enter the market, but we really want to stand hard on this philosophy."