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Tag Archives: e commerce

Saudi’s growing e-commerce market offers global tech opportunities

Saudi Arabia’s e-commerce sector is set to explode, and the IT sector in the country will see increased demand as a result The battle for Saudi Arabia’s e-commerce market is hotting up, after US tech giant Amazon purchased Gulf retailer Souq.com last year, in a bid to spread its reach into the kingdom. Meanwhile, Saudi Arabia’s first homegrown mega e-tailer, …

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E-commerce portal noon opens buying offices in China and Hong Kong

Noon launched in the UAE and Saudi Arabia last year By Yasmine Saleh, ZAWYA UAE-based online shopping portal noon has announced plans to introduce products from China and Hong Kong on its e-commerce portals in Saudi Arabia and the United Arab Emirates, a noon official said. “We have opened sourcing offices… We spotted a gap in the market for high …

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Alibaba Cloud to open its second data centre in Dubai next year

Company’s long-term goal is to establish cloud computing as digital foundation for new global economy Dubai – Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba Group, is set to open its second data centre in Dubai next year, a top company official said. The company opened its first new data centre in the Middle East in Dubai …

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SOUQ.com introduces Same Day Delivery Service

SOUQ Delivery Promise to give customers exact delivery dates Customers will now enjoy same day delivery for all “Fulfilled by SOUQ” (FBS) products SOUQ.com, the Middle East’s largest online retail and marketplace platform takes a huge leap forward for e-commerce in the region by introducing a key customer delight service – same day delivery. The ground-breaking service offers same day …

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Souq.com the region’s largest e-commerce platform participates in the new Saudi Ministry of Commerce and Investment initiative -‘Maroof’

Souq.com, the Middle East’s largest online retail and marketplace platform has gained the Maroof golden certificate – a new platform developed by Thiqah Business services under the supervision of the Ministry of Commerce and Investment in the Kingdom of Saudi Arabia. Maroof’s goal is to further support the drive in boosting consumer trust between the customers and online stores as …

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Souq.com raises more than AED 1 Billion (USD 275 million), the largest e-commerce funding in Middle East history

Funding confirms sustained confidence in the brand and is expected to boost SME growth. Dubai, U.A.E: Souq.com, the Middle East’s largest online retail and marketplace platform, announced today that it has completed a funding round of more than AED 1 Billion (USD 275 million), the largest financing of an e-commerce business in the Middle East. The significant investment will support …

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Orange Jordan announces the full-scale rollout of its 4G network

The operator marks the first milestone of its Essentials 2020 strategy by delivering cutting-edge mobile and wireless broadband to the Jordanian market. Orange Jordan announced the full-scale launch of its 4G network, which will take place in the form of a gradual rollout that will ultimately deliver cutting-edge 4G services to Jordanians around the Kingdom. The announcement was made during …

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MasterCard and Telr collaborate to drive e-commerce in the UAE

MasterCard and Telr, a Singapore and Dubai-based, emerging market focused online payment gateway, have announced a collaboration to empower small and mid-sized enterprises (SMEs) in the United Arab Emirates. The collaboration will be realized through a series of initiatives aimed at educating consumers and empowering SMEs to take their businesses online. The announcement reaffirms MasterCard and Telr’s long-term commitment to …

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Xilopix introduces Award-Winning E-Commerce Search Engine

United Arab Emirates – Xilopix is launching for the MEASA region at GITEX Technology Week 2014, Xilopix for E-Commerce, a Search & Navigation Engine that helps businesses turn visitors into customers. Built on Xilopix Search Engine’s technology and optimized for E-Commerce, Xilopix for E-Commerce has already been awarded “New Shopping Experience” of the year and “Tomorrow’s Economy – Innovation 2014” …

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Ecommerce in Egypt, Opportunities to be discovered

Just like the Middle East, e-commerce in Egypt faces some major obstacles to growth and advancement. These hurdles include; lack of payment options, trust issues with online purchasing, and poor or nonexistent governmental regulations to organize and develop the e-commerce sector. It is a known fact that Egypt is a tough market for any new startup especially in the field …

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