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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 ...
The Egyptian pound is sliding against foreign currencies, inching nearer to 50 per U.S. dollar after a recent hike in subway fares and fuel prices. The currency reached 49.16 to the U.S. dollar ...
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.
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.
(Bloomberg) -- Egypt plans to develop a new indicator for its currency and add instruments to hedge against risks, as it turns the page on years of keeping the pound’s value stable around the ...
This page was last edited on 29 June 2020, at 15:47 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...
The Biden administration said Friday it is cancelling $130 million in military aid to Egypt over human rights concerns. The announcement comes just days after the administration approved a massive ...
This exchange value of 97.5 piastres to the pound sterling continued until the early 1960s when Egypt devalued slightly and switched to a peg to the United States dollar, at a rate of E£1 = US$2.3. The Egyptian pound was also used in Anglo-Egyptian Sudan between 1899 and 1956, and Cyrenaica when it was under British occupation and later an ...