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Media ID: 55377887
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Amazon completed on July 3 the acquisition of Dubai-based Souq.com. (AP)


Amazon Completes Acquisition of Souq.com

Amazon Completes Acquisition of Souq.com

Online retail giant Amazon completed on Monday the acquisition of Dubai-based Souq.com, the largest online retailer in the Middle East, around three months after the deal between the two sides was signed. In a joint statement, the two retailers said that Amazon...
Media ID: 55377196
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Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the United Arab Emirates and ruler of Dubai. (Reuters)


Media ID: 55375450
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A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. REUTERS/Pawel Kopczynski


Dubai Launches Cyber Security Strategy

Dubai Launches Cyber Security Strategy

Dubai- Sheikh Mohammed Bin Rashed Al Maktoum, UAE Vice-President, Prime Minister and Ruler of Dubai launched on Wednesday the “Dubai Cyber Security Strategy”, which aims at strengthening the emirate’s electronic security of information and data systems. The new...
Media ID: 55373351
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A view of a branch of Union National Bank along Khalid Bin Al-Waleed Road in Dubai January 4, 2012. REUTERS/Nikhil Monteiro


Dubai Repays $600 Million Sukuk Certificates

Dubai Repays $600 Million Sukuk Certificates

Dubai – The Government of Dubai, acting through the Department of Finance (DOF), announced that the $600 million Sukuk Trust Certificates issued on 2 May 2012 under its $5 billion Trust Certificate Issuance Programme, reached maturity on 2 May 2017. Upon...
Media ID: 55373045
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Asharq Al-Awsat Editor-in-Chief Ghassan Charbel receives his award in Dubai. (Government of Dubai)