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The website was founded in 2005 [7] [8] by Ronaldo Mouchawar and was originally a consumer-to-consumer auction site part of Maktoob Group. [9] In 2010, Wisam (Sam) Daoud joined Souq from eBay as Chief Technology Officer and led the transformation of the business from auctions to a fixed price catalog based business similar to Amazon.com. [10]
InstaShop. InstaShop ( Arabic : إنستاشوب) is an online marketplace company headquartered in Dubai, United Arab Emirates, connecting users to trusted local shops. Founded in 2015 as an online grocery delivery platform, InstaShop offers today 21 shopping categories that cater to every user needs. In August 2020, InstaShop was acquired by ...
Splash is an Indian retail company based in Dubai and founded in Sharjah, It is part of the Landmark Group. [citation needed] Founded in 1993 as a single-brand store in Sharjah, in the United Arab Emirates, Splash has grown to over 150 stores and 50 brand stores across 14 countries in India, the Middle East, Pakistan, Tanzania and Libya. [1]
Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4] In April 2021 Dubai CommerCity launched, a free zone dedicated to e-Commerce. [5] The International Free Zone Authority (IFZA) is one of the most cost-effective and fastest-growing free trade zone in Dubai. [6]
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Since 3000 B.C, relations between India and the seven emirates which now make up the United Arab Emirates were traditionally close. In ancient times, the Sumerians engaged in a vibrant trade network with three significant centers—Meluhha (most scholars identified as the Indus Valley Civilization, present-day Indian subcontinent), Magan (Oman and parts of the UAE), and Dilmun (Bahrain and ...
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
The second Hindu Temple of Dubai is in Jebel Ali Village next to the Sikh Gurudwara and Churches Complex. The temple was opened on October 5, 2022. In August 2015, the UAE government allocated land for the construction of a Hindu temple in Abu Dhabi. The construction of the BAPS Hindu Mandir in Abu Dhabi commenced in December 2019. [13]
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