Consumers in the UAE have high expectations now that Amazon has agreed to buy the Middle East’s biggest online retailer.
Shoppers took to social media to express their hopes on the news that Souq.com would have access to US-based Amazon’s global platform and its faster delivery systems, which they thought could mean more goods on offer to UAE consumers at cheaper prices.
“I have used Souq.com and it has been fine. But Amazon has even more products, has faster delivery, is easier to return/exchange and is easier to pay,” said the Abu Dhabi resident Laura Buckley from the US. “Assuming I can get the same product availability across Amazon (especially my favourite home country products from Amazon) I would definitely buy online more if Amazon services were available here.” Diya Ayu, an Indian resident in Abu Dhabi, said: “I am sure Amazon will make many changes to Souq.com. I will be very happy if Amazon services are available through Souq.com and definitely shop more online.”
“I use Amazon also when I am in India. I can easily get goods which are available in the US from amazon in India,” she added. Amazon announced the deal, believed to be worth more than US$650 million, on Tuesday. The move is expected to disrupt the UAE’s retail market by both encouraging more people to shop online and competing with the country’s emerging online retail market.
But customers worried that the UAE’s lack of a western style postal service could still prevent Amazon from offering the same sort of service as those available in the US or United Kingdom.
“At the moment I buy goods online in the US using Amazon and then have the items shipped to me which can be expensive so I don’t do it often,” said Gigi Henry, an American resident of the UAE. “But the new service has to be the same or better than the one I currently receive in the US for me to use it regularly.”
Some would welcome a reason to steer clear of the UAE’s busy malls now and then.
“If US products that I’m used to getting are offered here through the Amazon/Souq deal, if delivery time is within two days and it helps me avoid the mall – I will definitely use the online service,” said Yazmine Haidar Katz, an American who lives in Dubai. “I don’t want to go through four hours of shopping in Dubai Mall when I can just purchase online from the comfort of my home.”
lbarnard@thenational.ae
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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Company%20Profile
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Manchester City 4
Otamendi (52) Sterling (59) Stones (67) Brahim Diaz (81)
Real Madrid 1
Oscar (90)
The specs
Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
SPECS
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Champions League Last 16
Red Bull Salzburg (AUT) v Bayern Munich (GER)
Sporting Lisbon (POR) v Manchester City (ENG)
Benfica (POR) v Ajax (NED)
Chelsea (ENG) v Lille (FRA)
Atletico Madrid (ESP) v Manchester United (ENG)
Villarreal (ESP) v Juventus (ITA)
Inter Milan (ITA) v Liverpool (ENG)
Paris Saint-Germain v Real Madrid (ESP)
Wednesday's results
Finland 3-0 Armenia
Faroes Islands 1-0 Malta
Sweden 1-1 Spain
Gibraltar 2-3 Georgia
Romania 1-1 Norway
Greece 2-1 Bosnia and Herzegovina
Liechtenstein 0-5 Italy
Switzerland 2-0 Rep of Ireland
Israel 3-1 Latvia
The%20Specs
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THREE
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Results
5pm: Maiden (PA) Dh80,000 (Turf) 2,200m, Winner: Zalman, Pat Cosgrave (jockey), Helal Al Alawi (trainer)
5.30pm: Maiden (PA) Dh80,000 (T) 1,600m, Winner: Hisham Al Khalediah II, Fernando Jara, Mohamed Daggash.
6pm: Handicap (PA) Dh85,000 (T) 1,600m, Winner: Qader, Adrie de Vries, Jean de Roualle
6.30pm: Abu Dhabi Championship Listed (PA) Dh180,000 (T) 1,600m, Winner: Mujeeb, Fabrice Veron, Eric Lemartinel
7pm: Wathba Stallions Cup Handicap (PA) Dh70,000 (T) 1,600m, Winner: AF Majalis, Tadhg O’Shea, Ernst Oertel
7.30pm: Handicap (TB) Dh90,000 (T) 1,600m, Winner: Shanaghai City, Fabrice Veron, Rashed Bouresly
8pm: Handicap (TB) Dh100,000 (T) 1,400m, Winner: Nayslayer, Bernardo Pinheiro, Jaber Ramadhan
COMPANY%20PROFILE
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PROFILE OF INVYGO
Started: 2018
Founders: Eslam Hussein and Pulkit Ganjoo
Based: Dubai
Sector: Transport
Size: 9 employees
Investment: $1,275,000
Investors: Class 5 Global, Equitrust, Gulf Islamic Investments, Kairos K50 and William Zeqiri
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
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CONFIRMED%20LINE-UP
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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Banthology: Stories from Unwanted Nations
Edited by Sarah Cleave, Comma Press
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BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES
SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities
Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails
Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies
Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments
COMPANY%20PROFILE
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The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
The Baghdad Clock
Shahad Al Rawi, Oneworld