Tag: Internet

Ronaldo Mouchawar, Souq.com CEO

Amazon Scoops up Souq.com

Internet giant Amazon has decided to enter the Middle East’s nascent e-commerce market by striking a deal to buy Dubai-based online retailer Souq.com. The announcement of the deal, which was reportedly worth around $650 million, ended months of speculation about…

The Kharabeesh Team

Kharabeesh: There’s Money in Funny

Wamda Capital, Endeavor Catalyst Fund, and Dash Ventures recently teamed up to invest $5 million in Kharabeesh, the multi-channel network best known for its popular online comedy videos. The network, which helped launch the careers of such stars as Rajae…

smart city

Tech Threat

How worried should we be about the recent cyber attack that took down some of America’s most popular websites? By Zeid Nasser The Internet attack began at around 7am Eastern Time in the United States, just as people there were waking…

smart city

The Internet’s Underbelly

The Dark Web is rife with shady dealings, anonymous communications, and illicit material. Enter it at your peril. We seem to be hearing more and more about the Dark Web. But how many of us know what it actually is?…


Venture Explains: Chatbots

What are they? Artificial intelligence programs that mimic being another human being when you interact, or ‘chat,’ with them via voice or text messages. What can they be used for? At the moment, there are chatbots on hand to advise…

Abdel Kareem Friehat, the head of operations and IT at Jordan Kuwait Bank

JKB Betting Big on Fintech

Rather than viewing growing interest in Fintech as a threat, many traditional high-street banks are trying to embrace the digital future. Abdel Kareem Friehat, the head of operations and IT at Jordan Kuwait Bank, said his bank is investing heavily…

Lana Ghanem, the managing director of the Hikma Ventures fund

Hikma’s Healthy Investments

Hikma Pharmaceuticals plans to inject $30 million into digital health startups through a new global investment fund. By Rebecca Irvine Until March Hikma was a FTSE100 listed company, and remains the biggest pharmaceutical company in the Middle East. Now making a…

Internet Phone calls

No Charges for Internet Phone Calls – TRC

Jordanians won’t be charged for making phone calls via apps like Skype and WhatsApp, the Kingdom’s telecoms watchdog said. The Telecommunications Regulatory Commission (TRC) said the decision not to impose a levy on Internet calls came after TRC officials met…


Venture at 10: Samih Toukan

Samih Toukan, Cofounder of Maktoob.com Date of Interview: July 2009 Maktoob, the first social network in the Arab World, was one of the first to exploit the new medium of the Internet as it was launched in the early 2000s….