Tag: retail

Challenging Big Tech

Many believe the Internet is and will continue to be an open and democratic space. But the reality is that it’s increasingly dominated by a handful of companies that control our digital autonomy. By Zeid Nasser Each month, Facebook is…

Ashraf Sabry, Fawry CEO

All Aboard Egypt’s E-payments Express

Whether it’s buying a bus fare or an airline ticket, Egypt’s first and biggest e-payment firm Fawry handles around 1.5 million transactions daily. Fawry CEO Ashraf Sabry told Venture how he planned to convince even more merchants and consumers to make…

souq.com

Souq.com Plans IPO at $1.2 Billion Value – Report

Souq.com, the region’s biggest online retailer, is reportedly planning to sell around a 30 percent stake that would give the company a valuation of at least $1.2 billion. The Dubai-based company has appointed Goldman Sachs to find potential buyers for…

Luxury Goods in Dubai

Growth Eyed for Mideast Luxury Goods Market

While luxury goods sales remain sluggish in traditionally strong markets like Russia and China, demand for brands like Louis Vuitton and Bulgari look set to grow in the Middle East despite regional unrest, according to a recent Deloitte report. The…

Housing Bank's new building

Banking on Success

The Housing Bank for Trade and Finance is building on its solid reputation to expand its retail and corporate business. Jordan’s banks are known for their resilience. The sector has been one of the main pillars that support the economy…

Total Jordan Managing Director Adil Ouriaghli

Total on Top

French oil giant Total is confident it can stay at the forefront of the far-reaching liberalization drive underway in Jordan’s fuel market. By Dina Al-Wakeel With the entrance of international companies like Total breaking the Jordan Petroleum Refinery Company’s (JPRC)…

MEED Projects

Deloitte and MEED Projects: Dubai projects planned and underway in 2016

The total value of Deloitte and MEED projects under construction in Dubai equates to USD53.6bn, with a further USD337.2bn in the planning stage. These are significant amounts of investment for most mature economies, but for an emerging market such as…

High Fashion Gets Online

The founders of elmuda.com are confident they can tap into the region’s growing taste for designer fashion. By Rebecca Irvine Their online luxury fashion magazine elmuda.com may only have launched under a year ago, but Editor-in-Chief Badea Jaber and CEO…

Ronaldo Mouchawar, Souq.com CEO

Souq.com: Riding High on the E-Commerce Wave

Over the past decade, Souq.com has quickly risen to become the region’s largest online retailer. The company’s CEO and Founder Ronaldo Mouchawar is confident of even greater success as enthusiasm for e-commerce amongst consumers picks up pace. By Dina al-Wakeel…