Wamda

Regional

The importance of last mile in e-commerce

Lee Shepherd is the director at Amazon Logistics, Middle East and North Africa Operations “Start with the customer and work...

Amazon E-commerce Logistics

Egypt

Amazon acquires 4 per cent of valU for $10 million

Amazon has agreed to acquire $10 million in EFG Hermes GDRs, with the option to replace it with future investment in valU. This...

Amazon valu EFG Hermes

Pakistan

Former Souq executive invests in Pakistan's Clicky

Source: Daily times Lahore-based fashion e-commerce startup, Clicky, closed USD 700,000 in a Pre-Series A round of funding. Former...

Clicky fashion ecommerce souq

U.A.E

Amazon created 2,000 jobs in the UAE for White Friday

E-commerce retailers are scrambling to attract consumer attention during the annual month-long biggest sales event, White...

Amazon White Friday retail and ecommerce

Bahrain

Halcyon, AWS launch tech incubator for female founders in Middle East

Source: Washington Business Journal D.C.’s Halcyon, known for its flagship social entrepreneurship incubator in Georgetown,...

Amazon Incubator Female founders

Regional

Leadership in crisis with Ronaldo Mouchawar

The uncertainty and devastation brought on by the coronavirus tested every business and their leaders around the world. For Amazon,...

Amazon souq covid-19

Egypt

Payfort launches Dh1 million initiative to support startups

Source: Arabian Business Payfort, a subsidiary of retail giant Amazon, has launched a AED1 million ($272,000) initiative in the UAE...

Amazon Payfort

U.A.E

Souq becomes Amazon.ae in the UAE

Source: The National Amazon and Souq on Wednesday announced the launch of Amazon.ae, which replaces souq.com in the UAE nearly two years...

news Amazon Souq.com

Regional

Namshi latest e-commerce platform to expand to Egypt as competition heats up

Namshi is set to expand to Egypt and establish a logistics base in Saudi Arabia following Emaar Malls' full acquisition of the...

E-commerce Namshi Noon

U.A.E

Souq.com opens Dubai centre that will create 600 jobs

Source: The National Souq.com, the e-commerce platform Amazon bought for $580 million (Dh2.13 billion) last year, has opened a centre in...

souq Souq.com Amazon

Global

Chinese ecommerce Jollychic gets funding from Sequoia Capital, hits a reported $1 billion valuation

Jollychic, a Chinese online store founded in 2012, has a value of $1 billion after a Series C round from the global venture firm Sequoia...

Sequoia Capital Jollychic ecommerce

U.A.E

AWS Summit Dubai 2018

Whether you are new to AWS, or an experienced user, AWS Summit Dubai will give you the inspiration and technical knowledge you need to get...

AWS Amazon Web Services AWS Summit

U.A.E

Team of payments veterans launch a cryptocurrency startup based on Ethereum

A team of payments veterans announced today the launch of a new cryptocurrency startup based on Ethereum: Verify, planning and ICO in...

Payfort Verify Bitcoin

Global

Startup Watch: Porsche’s new hybrid car, patriotic entrepreneurs in China, and babies' F1 innovation

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Porsche tesla Hybrid

Global

Startup Watch: The vampire startup, the era’s new banks and the dark side of entrepreneurship

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Facebook Amazon

Regional

Investors, brace yourselves for the aftermath of unprofitable unicorn IPOs [Opinion]

The fundamental idea behind Initial Public Offerings, or IPOs, is that when companies need capital, they get themselves listed on public...

oped IPOs Funding

U.A.E

The Souq sale is a game changer for MENA ecommerce [Opinion]

We all heard the news: Amazon, the world’s largest online retailer by sales and market capitalization, founded 23 years ago in...

Amazon Souq.com acquisition

Regional

Why Amazon acquired Souq.com

This article is a crosspost with Centric.ae. Seeking global world domination in the ecommerce marketplace, Amazon acquired...

Souq.com acquisition Amazon

U.A.E

Why is the Souq.com acquisition so significant? [Opinion]

For those who have been in the dark, Amazon has acquired Souq.com for over $650 million. The news of an acquisition of this size has...

Souq.com Amazon acquisition

U.A.E

Amazon buys Payfort

Not only is Amazon buying Souq.com, but it has also today bought Payfort. “Today as part of Souq Group Inc. we are pleased to...

Amazon Payfort souq

Regional

Amazon acquires Souq.com for over $650 million

Russ Grandinetti, Amazon Senior Vice President, International Consumer and Ronaldo Mouchawar, Souq.com CEO and cofounder (Image via...

Souq.com Amazon Alabbar

Egypt

Amazon to soon launch logistics center in Egypt

Amazon is in the process of considering a logistics center in Egypt, as the Daily News Egypt reported. Hany Kesis, former chairperson of...

Amazon Expansion news watch

Algeria

Offshore easier than home for Algerian ecommerce startup Zawwali

Algeria’s crusty postal system, lack of addresses and minimal online payment options made international expansion for ecommerce...

Zawwali ecommerce Echrily

Regional

Cloud10 Scalerator Program

Applications are now open for the second round of the Cloud10 Scalerator program, where ‘scale-ups’ (revenue...

Bahrain accelerator Innovation

Thought Leadership

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