Dubai Economy and e-commerce company Amazon are partnering on a new initiative to stimulate the growth of local start-ups and small and medium enterprises.
The programme will support DED Trader licence holders interested in growing their online presence, Dubai's Department of Economic Development said in a statement on Sunday.
New e-learning courses will be provided to licence holders through the Amazon Seller University. The e-commerce giant will also host a dedicated store front on Amazon.ae to showcase products offered by local traders, the statement said.
Dubai Economy aims to accelerate the “growth of e-commerce initiatives and promote technology integration” within the local business community, Omar Al Mehairi, director of development and follow-up in Dubai Economy’s Business Registration and Licencing arm, said.
The Covid-19 pandemic and the movement restrictions put in place to curb its spread has shifted consumer habits in the UAE, spurring a preference for online shopping and boosting e-commerce sales.
Almost 70 per cent of UAE respondents to a joint Visa, Dubai Police and Dubai Economy survey in June last year had reduced spending in physical stores and increased spending online.
In July, Dubai Economy said it experienced an 83 per cent increase in the number of DED Trader licences issued in the first half of 2020 as more companies were set up to cater to growing demand.
“We have faith in the potential and capabilities of start-ups in Dubai … through such collaborations, we aspire to accelerate their entrepreneurial journey with all the tools and retail expertise we have to offer,” Ronaldo Mouchawar, vice president of Amazon Middle East and North Africa, said.
Once Dubai-based businesses are registered to sell on Amazon.ae, they can also access the company’s account managers who will offer insights into how to grow their business.
Third-party sellers – most of whom are SMEs – now account for more than half of everything sold across Amazon stores globally.
The US-based e-commerce giant last year increased net profit by 84 per cent to $21.3 billion as revenue grew 38 per cent to $386.1bn.
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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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
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
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The specs
Engine: Two permanent-magnet synchronous AC motors
Transmission: two-speed
Power: 671hp
Torque: 849Nm
Range: 456km
Price: from Dh437,900
On sale: now
FIXTURES
Fixtures for Round 15 (all times UAE)
Friday
Inter Milan v AS Roma (11.45pm)
Saturday
Atalanta v Verona (6pm)
Udinese v Napoli (9pm)
Lazio v Juventus (11.45pm)
Sunday
Lecce v Genoa (3.30pm)
Sassuolo v Cagliari (6pm)
SPAL v Brescia (6pm)
Torino v Fiorentina (6pm)
Sampdoria v Parma (9pm)
Bologna v AC Milan (11.45pm)
Turkish Ladies
Various artists, Sony Music Turkey
HWJN
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Directed by: Craig Gillespie
Starring: Emma Stone, Emma Thompson, Joel Fry
4/5
Water waste
In the UAE’s arid climate, small shrubs, bushes and flower beds usually require about six litres of water per square metre, daily. That increases to 12 litres per square metre a day for small trees, and 300 litres for palm trees.
Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.
A global report published by the Water Resources Institute in August, ranked the UAE 10th out of 164 nations where water supplies are most stretched.
The Emirates is the world’s third largest per capita water consumer after the US and Canada.
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
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Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
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Michael J Mazarr
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Dh67
As it stands in Pool A
1. Japan - Played 3, Won 3, Points 14
2. Ireland - Played 3, Won 2, Lost 1, Points 11
3. Scotland - Played 2, Won 1, Lost 1, Points 5
Remaining fixtures
Scotland v Russia – Wednesday, 11.15am
Ireland v Samoa – Saturday, 2.45pm
Japan v Scotland – Sunday, 2.45pm
