Amazon primed to shake up online shopping in UAE

Nearly Two years on from the acquisition of Souq.com, the US e-commerce company Amazon is front and centre in the UAE again with the launch of its paid subscription service, Prime.     Host Mustafa Alrawi, Assistant Editor in Chief, and Kelsey Warner, Assistant Business Editor, talk to Nada El Sawy, The National's Business Correspondent, about what this development means for consumers and retailers in the region. Also there was the meeting in Japan of  G20 countries' central bank governors this week where IMF head Christine Lagarde sounded down a warning about properly harnessing FinTech. US-China trade tensions dominated the mood however with the full G20 leaders meeting still to come and a face-off between Washington and Beijing. Opec and its allies have extended their co-operation on oil production curbs, shoring up prices. But for how much longer? Read more on our website: Amazon Prime now available in the UAE Oil gains as OPEC and allies vow output cut extension Donald Trump say's he'll raise China tariffs again if Xi Jinping won't meet at G20 Dubai Land Department and Mashreq bank sign e-mortgage deal London home sellers offer ever-growing discounts