Archive for the ‘e-commerce’ Category


Screenshot Following the news last April that Zawya is expected to be sold in a multi million dollar deal, Thomson Reuters announced today that it has acquired Arab world business portal and financial information service provider Zawya. This news means that Saffar Holdings, a Dubai investment company that holds a 60 per cent stake in Zawya has successful...
Screenshot E-commerce was often a neglected sector in the Arab region by both investors and entrepreneurs, as factors such as payment systems were not a match to those in the west while others cited that the Arab user is not ready for e-commerce yet. But the success and acquisition of group buying website GoNabit by LivingSocial has proved that the sector i...
Screenshot Shoutit is a social marketplace to trade that is an evolution of classified listing, it takes classified concept to new grounds buy offering social aspect such as folowing of people and stuff that maters to you. On Shoutit users can post a request (shout) be it a good service or help they need and the amount they request and the local commu...
Screenshot Souq.com and the American University in Cairo’s Entrepreneurs Society have teamed up to launch The Hit 2012, the first product innovation competition for the university’s students, which gives participants the opportunity to win LE 50,000 to start up their business and own a commercial channel through an online store on Souq.com. The concept ...
Screenshot E-commerce is hot in the Arab world and now it is taking off after several years. Last year group buying site GoNabit which was founded in UAE was acquired by LivingSocial for a price around $10 million. Today brings a news of another milestone for e-commerce in the Arab world, MarkaVIP Amman, Jordan based flash shopping site has secured investm...
Screenshot B-Kam.com has just launched; a search engine that brings all Egyptian shopping websites in one place to let shoppers search, compare prices and get the best deals, all from one place. The site is first price-comparison shopping website in Egypt but not the first in the Arab world as there is Menwayn from Jordan. On B-kam Shoppers s...
Screenshot Mubawab , operating 17 local country websites across the Middle East and North Africa, announced today that it has received $850,000 in funding from Grupo Intercom, One of Spain’s l Web consortium, as well as from international business angels, to further develop classifieds portal for the Arab region. Well-known Web brands emerging from Spain ...
Screenshot Ideavelopers, managers of the Technology Development Fund (“TDF”) and is a subsidiary of EFG-Hermes, recently lead a Series A investment round in Offerna, Egypt’s first group buying site. Established in March 2011, Offerna provides its customers with deals that feature discounts of 50-90% for various products and services, in return guaran...
Screenshot #Press Release. Two-thirds of consumers in the Middle East use the internet to research products and services, according to new research published by Econsultancy and Real Opinions. The Middle East and North Africa Digital Consumer Report shows that 66% of consumers in MENA are using the internet to look for products or items to buy prior t...
Screenshot Apple has opened today its online store in UAE, not to be confused with Apple's App store, Apple online store enables consumers buy Apple's hardware and software online. Now residents in UAE can buy online from Apple products such as iPhone, iPad, iMac, iPods and MacBook Pro at prices lower than those in the physical reseller market and deviled ...
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