Souq.com now has a new name.
It's now Amazon.ae.
It comes two years after Amazon bought the Dubai-based e-commerce company for more than AED 2.1 billion.
Shoppers who type in the Souq.com URL are now automatically redirected to Amazon.ae.
Speaking to Dubai Eye 103.8's Business Breakfast, Ronaldo Mouchawar, CEO & Co-founder - Souq, Vice President - Amazon MENA, talks about what changes people can expect.
He talks about the reason behind dropping the name Souq.
Sheikh Maktoum meets Bank of America's Bernard Mensah
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, has explored opportunities for cooperation in the banking sector during talks with Bernard Mensah, President of International for Bank of America.
Small AI models near self-replication, Anthropic warns
Small AI models may be only months away from being able to copy themselves onto everyday internet-connected devices, such as smart ovens and cheap Android TV boxes, according to research published by Anthropic on Monday.
H.H. Sheikh Hamdan praises progress of Dubai Cashless Strategy
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has praised the progress of the Dubai Cashless Strategy, with cashless transactions now accounting for 90.1 per cent of all transactions in the Emirate.
DIEZ doubles size of Oraseya Capital fund to AED1 billion
The Dubai Integrated Economic Zones Authority (DIEZ) has announced the doubling of the venture capital fund managed by its investment arm, Oraseya Capital, from AED500 million to AED1 billion.
UAE ranked top worldwide in AI integration across key sectors
The United Arab Emirates has ranked first worldwide in Artificial Intelligence integration, with 70.1 per cent of its working-age population using AI.
A new government authority will be run on a rotating basis by members of the public, under a resolution issued on Wednesday.
Dubai’s Roads and Transport Authority (RTA) has converted Al Satwa Roundabout to a signalised intersection to cut travel time between key corridors by 50 per cent and reduce traffic queues by up to 60 per cent during peak hours.
Dubai has launched GenDubAI, a digital platform to help parents better understand how children use artificial intelligence and support them in using its tools safely and responsibly.
