The MENA edition of the World Economic Forum (WEF) returns to Jordan this month with a theme of enabling generational transformation. By Dominika Bzduchova Hundreds of top decision-makers from around the world will meet at the Dead Sea on May…
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…
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…
From Careem to ArabiaWeather, VC firm Wamda Capital has a canny knack of picking out the most exciting prospects from our region’s burgeoning startup scene. By Dina Al-Wakeel Leading the region’s venture capital firms, Wamda Capital invests in propitious entrepreneurial…
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…
At Endeavor Jordan‘s annual DealMakers event in Amman last month, entrepreneurs and potential investors were brought together for one-on-one speed networking sessions that aimed to give promising young companies a chance to pitch their ideas in a less formal setting…