Middle-east Arab News Opinion | Asharq Al-awsat

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The logos of Souq.com and Amazon are seen at Souq.com office in Dubai, United Arab Emirates March 28, 2017. REUTERS/Ahmed Jadallah

Amazon Acquires Souq.com

by Musaid Al-Zayani | Mar 29, 2017 | Business

Dubai – Amazon completed on Tuesday its acquisition of Souq.com, the Middle East’s largest online retailer. A joint statement revealed that the agreement brings Amazon into a fast-growing market as it expands into a wide range of services. The deal’s...

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A flag flies for property company Emaar next to a construction site in Dubai’s Marina area. Reuters

Emaar Malls Challenges Amazon to Buy Souq.com

by Musaid Al-Zayani | Mar 25, 2017 | Business

Dubai- Emaar Malls, the shopping-center unit of Dubai’s biggest publicly traded property developer, made a bid for online retailer Souq.com seeking to challenge an existing offer from Amazon.com Inc., according to sources familiar with the matter. Amazon restarted...

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Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon

Amazon Acquires Souq.com for $650 Million

by Khaldoun Ghassan Said | Mar 24, 2017 | Business

Jeddah – Negotiations had ended for Amazon to buy Souq.com in a deal worth more than $650 million that will shake up Middle East’s electronic trade by taking 78% of the regional sale. Middle Eastern online retailer Souq.com had been valued at $1 billion in its last...

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Blue Origin – Reuters Image

Amazon Has a Plan for Delivering Packages to the Moon

by Asharq Al-Awsat | Mar 7, 2017 | Technology

London – The Blue Origin company owned by Jeff Bezos, founder of ‘Amazon’ specialized in e-trade services, reportedly pitched a white paper to the NASA in which it proposed to develop a cargo lander called Blue Moon in cooperation with Amazon. The latest to...

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“Apple Music will have video and other things that I can’t talk about,” said Jimmy Iovine, who heads the $10-a-month service. “We’re going to be aggressive about it.” Credit: Justin Sullivan/Getty Images

Apple Tiptoes Into Producing Original Video but Plans to Pick Up Pace

by Vindu Goel | Feb 22, 2017 | Technology

DANA POINT, Calif. — Watch out, Netflix. Apple, the richest company in technology, is finally moving into original video content. Apple said Monday night that it would introduce its first two television-style video series on Apple Music, its subscription...