Entrepreneurial ecosystems

Fadi Ghandour On Amazon's Acquisition Of Souq, And Why MENA Should Do More

By Entrepreneur Middle East Staff

As founder and Vice Chairman of Aramex, Executive Chairman of Wamda Ventures, Managing Partner of MENA Venture Investments, as well as Founder and Chairman of Ruwwad for Development, among other various roles, Fadi Ghandour has certainly seen the growth of entrepreneurship in the Middle East. In Entrepreneur Middle East's #EntMETalks, Ghandour discusses how the variety of startups have taken new ideas to tackle and generate solutions for nascent problems, and his views on the implications of Amazon's acquisition of Souq.com for the e-commerce space, the region, and the consumer. "Put your money where your mouth is, and the region needs to put money where its mouth is," he says, on why investors should take risks on today's startups for the development of the ecosystem.    

Related: Innovation, Disruption And Growth: Now Is The Right Time To Invest In MENA's Tech Scene

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Once A Dubai Startup, NIKAI Group Now Supports Entrepreneurs With Dubai Startup Hub's Market Access Program