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Souq.com was the largest e-commerce platform in the Arab world. The company launched in 2005 in Dubai, United Arab Emirates. [2] On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million as a subsidiary. [3] [4] On May 1, 2019, Souq.com UAE became known as Amazon.ae, [5] while on June 17, 2020, Souq.com KSA became known as Amazon.sa ...
Khan el-Khalili (Arabic: خان الخليلي) is a famous bazaar and souq (or souk) in the historic center of Cairo, Egypt.Established as a center of trade in the Mamluk era and named for one of its several historic caravanserais, the bazaar district has since become one of Cairo's main attractions for tourists and Egyptians alike.
In 2005, he co-founded Souq.com, the largest e-commerce retailer in the Arab World, making the e-commerce retailer the region's first unicorn. [1] When Amazon acquired Souq in 2017, Mouchewar became vice president of Amazon Middle East and North Africa. [2] He is a veteran of Maktoob, the internet portal that was purchased by Yahoo in 2009.
[30] In 2020, Jumia ranked 7th among the top 10 influential brands in Egypt. [31] In 2021, Jumia launched its technology centre in Egypt to provide its services to the Egyptian market as well as Africa at large. [32] COVID-19 accelerated the growth of e-commerce and digital entrepreneurship in Africa and more women embraced digital business. [33]
After selling it to Souq.com, he later established SellAnyCar.com [7] [8] becoming its CEO. [ 9 ] [ 10 ] He is also well known on social media after appearing on YouTube [ 9 ] He is a visiting instructor on entrepreneurship in Canadian University of Dubai . [ 11 ]
In 1952 Egypt’s private sector accounted for 76 percent of economic investment. Following the nationalization plans carried out by President Gamal Abdel Nasser in the effort to build a post-independence socialist state, this percentage drastically shifted within a few decades to government investment accounting for over 80 percent of economic investment. [1]
[17] [18] The English word can also be spelled "suq" or "souq". [ 19 ] [ 20 ] In Modern Standard Arabic the term al-sūq refers to markets in both the physical sense and the abstract economic sense (e.g., an Arabic-speaker would speak of the sūq in the old city as well as the sūq for oil, and would call the concept of the free market ...
Midhat Pasha Souq in Damascus; Al-Madina Souq in Aleppo; Souq Al-Attareen (Perfumers' Souq) in Aleppo] Souq Khan Al-Nahhaseen (Coopery Souq) in Aleppo; Souq Al-Haddadeen (Blacksmiths' Souq) in Aleppo; Suq Al-Saboun (Soap Souq) in Aleppo; Suq Al-Atiq (the Old Souq) in Aleppo; Al-Suweiqa (Suweiqa means "small souq" in Arabic) in Aleppo