Is Souq set to finally be replaced by Amazon?

Dubai: Will Souq.com soon disappear, leaving in its place Amazon.ae? Nearly two years after the US online retail giant purchased Souq for $580 million, a source-led report from CNBC on Tuesday suggested that may be exactly what is about to happen. According to the article, Amazon has recently been contacting large North American wholesalers to […]

Department of Economic Development in Dubai launches initiatives to enhance future-readiness of economy

Dubai: The Department of Economic Development (DED) in Dubai launched three quality initiatives on Wednesday aimed to accelerate future-readiness of the economy. These initiatives launched on the sidelines of the third Engage DXB Forum 2019 are aimed at enhancing private sector participation in developing a competitive policy framework for achieving sustainable business growth. The three […]

Honor aims for big bite off the Middle East with View 20

Huawei’s sub-brand Honor seeks to double its smartphone sales to more than four million units in the Middle East and Africa region compared to last year and strengthen its position. “We have exceeded two million units last year and expected to grow 100 per cent this year. We want to be the trendsetting technology company […]