Dirhams & Dollars

In this in-depth episode, the team discuss the rise of eCommerce in the region. Following the purchase of Souq.com by Amazon last month, and with the likes of Noon, Al Tayer, Majid Al Futtaim, and Namshi all hot on Souq's heels, we look at why eCommerce still hasn't taken off. Is it cultural factors? Is it simply a lack of investment and effort from the major players thus far? Do people like seeing things in person before purchasing them, or are they worried that courier companies will never find their villa? All this and more is covered in today's episode, the second half of which features an interview with Chris Schroeder, CEO, venture capitalist, and author of a book on startups in the Middle East, titled "Startup Rising -- The Entrepreneurial Revolution Remaking the Middle East".