His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with the President and CEO of Amazon, Andrew R. Jassy.
The meeting reviewed opportunities to strengthen cooperation and enhance strategic partnerships across various vital sectors, including e-commerce, cloud computing, advanced technology, digital innovations, and artificial intelligence solutions.
The UAE and Amazon have had several partnerships that support the D33 agenda.
In 2023, Amazon agreed to double the amount of small and medium enterprises to 100,000 on its UAE store by 2026. Another deal saw the launch of an accelerator to boost the growth of SMEs in Dubai by helping them build a strong online presence and digitise supply chain processes.
The meeting was attended by Jassem Al Zaabi, Chairman of the Department of Finance, and Saif Saeed Ghobash, Secretary General of the Abu Dhabi Executive Council. Matt Garman, CEO of Amazon Web Services, was also present.
The Trump administration has waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran.
A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022, Bloomberg News reported on Friday.
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and MD & Group CEO of ADNOC, has condemned Iran’s aggression, saying they will not weaken the UAE’s resolve and stressing that the country is not a party to the ongoing regional conflict.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has chaired a high-level coordination meeting in Dubai bringing together global shipping companies and industry associations to address challenges facing regional supply chains.
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