An Amazon processing plant in UAE. The company has been actively investing in the country in recent years. Photo: Amazon UAE
An Amazon processing plant in UAE. The company has been actively investing in the country in recent years. Photo: Amazon UAE
An Amazon processing plant in UAE. The company has been actively investing in the country in recent years. Photo: Amazon UAE
An Amazon processing plant in UAE. The company has been actively investing in the country in recent years. Photo: Amazon UAE

Amazon UAE site to showcase 100,000 companies, including local SMEs, by 2026


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Amazon, the world's biggest e-commerce company, will showcase 100,000 businesses, including local small and medium enterprises, on its UAE website by 2026, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, has said.

“Dubai has positioned itself as a thriving centre for the digital economy,” Sheikh Hamdan said on Twitter on Tuesday.

“I welcome Amazon’s plans to showcase 100,000 businesses, including local SMEs, on Amazon.ae by 2026.

“This initiative will grant Emirati companies a global platform, aligning with D33's aspirations, and enabling further progress towards our shared goals.”

Launched in January, D33 aims to double the size of Dubai’s economy, with a target of reaching Dh32 trillion ($8.7 trillion) by 2033 and establishing the emirate among the top three global cities.

It aims to make Dubai a global digital economy leader, the fastest-growing and most attractive global business centre, a centre for sustainability and economic diversification, an incubator and enabler of talented citizens, and a preferred destination for major international companies and investments.

"We are constantly making investments to support the UAE’s digital economy. As part of this initiative, we will continue to support local businesses and SMEs to help them thrive and successfully grow their business by providing them access to customers on Amazon.ae, as well as our technology and logistics solutions with Fulfillment by Amazon," Ronaldo Mouchawar, vice president at Amazon Mena, told The National.

"Our global registration program on Amazon.ae also makes it easier and more seamless for local sellers to sell on Amazon stores globally, reaching hundreds of millions of worldwide active customer accounts."

The 10-year D33 strategy also envisages a programme to support 30 private companies to achieve the unicorn status ― start-ups worth more than $1 billion. Other business incubators will support the growth of private companies, with 400 of the most promising identified.

Amazon has been actively investing in the UAE in recent years.

It is building the Middle East's most technologically advanced warehouse in Abu Dhabi and also opened a major warehouse in the emirate in June last year.

Aligning with the Dubai Economic Agenda D33, Amazon aims to grow the number of SMEs that sell on Amazon.ae "from 50,000 to 100,000 by 2026", Mr Mouchawar said.

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Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

THE SCORES

Ireland 125 all out

(20 overs; Stirling 72, Mustafa 4-18)

UAE 125 for 5

(17 overs, Mustafa 39, D’Silva 29, Usman 29)

UAE won by five wickets

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Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
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Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

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Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
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Rating: 4.5/5

Updated: March 15, 2023, 4:47 PM