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The deal was expected to be completed later in 2017. [ 7] With the acquisition, Souq.com became a subsidiary of Amazon, acting as Amazon's arm into the Arab world. In May 2019, Souq.com UAE became Amazon.ae, and in September of the same year Amazon launched the Amazon DSP in the UAE. In June 2020, Souq.com KSA became amazon.sa.
It is the first Amazon-owned campus located outside the United States and features the single largest Amazon-owned building in the world. The 9.5 acre campus houses over 15,000 employees. [16] [17] Amazon plans to build a major campus in Bellevue, Washington, a suburb of Seattle, that will host 15,000 employees by 2025. [18]
Telephone numbers in the United Arab Emirates. Telephone numbers in the United Arab Emirates (UAE) follow a closed telephone numbering plan. The UAE is assigned an international dialing code of +971 by ITU. Telephone numbers are fixed at seven digits, with area codes fixed at two or three digits.
The company launched in 2005 in Dubai, United Arab Emirates and served multiple areas across the Middle East. [141] On March 28, 2017, Amazon acquired Souq.com for $580 million. [142] The company was re-branded as Amazon and its infrastructure was used to expand Amazon's online platform in the Middle East. [143]
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The UAE has a number of free zones across Dubai, [ 1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [ 2] 100% foreign ownership of the enterprise. 100% import and export tax exemptions.
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