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Amazon Officially Acquires the Middle East's Biggest Online Retailer

After months of negotiations, news has emerged that the American giant has officially won the bid to acquire the Middle East's biggest internet retailer.

According to a press release by earlier today, a final deal has been reached between the American internet retailer giant and the UAE-based Both internet retailers have been in talks to reach a final agreement since January. However, reportedly received a counter-offer earlier this week from Emaar Malls Group, which it apparently didn't consider. CEO, Ronaldo Mouchawar, believes that "By becoming part of the Amazon family, we'll be able to vastly expand our delivery capabilities and customer selection much faster, as well as continue Amazon's great track record of empowering sellers."

"Amazon and share the same DNA – we’re both driven by customers, invention, and long-term thinking,” says Amazon Senior Vice President Russ Grandinetti.

The acquisition is expected to be completed later this year.


Todays Events
Hisham Zahran / Aly Goede @ Cairo Jazz Club
Date: 10/23/2017
Time: 10:00pm - 3:00am
Venue: Cairo Jazz Club
The Danish Experience @ AUC Falaki
Date: 10/23/2017
Time: 6:00pm - 10:00pm
Venue: AUC Falaki Theater
Abstrakt ft.Ayman Saleh @ Zigzag
Date: 10/23/2017
Time: 11:00pm - 4:00am
Venue: Zigzag
Shnit X #CairoSaturdayWalks @ Downtown
Date: 10/23/2017
Time: 6:00pm - 10:00pm
Venue: Downtown
Script Writing Workshop @ Darb 1718
Date: 10/23/2017
Time: 6:00pm - 9:00pm
Venue: Darb 1718
Art Exhibition: Nadia Al Tatawy @ CSA
Date: 10/23/2017
Time: 12:00pm - 12:0am
Venue: Community Services Association (CSA)
Open Mic Night @ Bardo Clubhouse
Date: 10/23/2017
Time: 7:00pm - 10:00pm
Venue: Bardo Clubhouse
Sidewalk @ The Tap East
Date: 10/23/2017
Time: 10:00pm - 2:00am
Venue: The Tap East