iRideRepresentatives Signed MOU with Prince of Saudi Arabia For Exclusive in the Middle East

February 26, 2019 – Riyadh, Saudi Arabia – iRide representative Pegasus ProNano Tech Inc. is proud to announce to the world that they have recently signed a memorandum of understanding (MOU) with Prince Sultan bin Nasser bin Abdulaziz Al Saud on behalf of iRide for Exclusive access in the Middle East.

The objective of the MOU is to bring iRide to Saudi Arabia and the entire Middle East region where it will create a huge job market and many opportunities.  

Please watch this video to know more about the MOU:

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At the signing ceremony, His Royal Highness Prince Sultan bin Nasser bin Abdulaziz Al Saud was present along with iRide representative Pegasus ProNano Tech Inc.’s Mr. Dara Singh/ CEO and Mr. Javier Perez/CFO. This MOU presents a great opportunity for both iRide and the Kingdom of Saudi Arabia to bring the first of its kind blockchain ridesharing technology to the Middle East.

While talking about the benefit of the MOU, Javier Perez, President/CFO of Pegasus said: “This will prove to be bigger than any of the current rideshare companies currently operating.”

Furthermore, iRide Cofounder Michael Cao added “We willcontinueto work with our partners at Pegasus with the sole aim totransform transportation in the Middle East, Africa, Europe, and Asia.” is proud to bring the world’s first ever ridesharing transportation solutions in an effective and efficient manner by providing low-cost commissions for drivers through iRideBlockchain Technology.  

About is a newly born organization seeking to revolutionize the ride-share industry by providing drivers an option to pay less commission through iRide token and blockchain technology.


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