Dalia Seif El-Nasr, director of public policies for the Middle East and North Africa of the company, indicated to Amazon’s keenness to attract more Egyptian companies to market their products through the company’s electronic platforms, especially in the sectors of ready-to-wear clothes, household items, plastic products, and electronic device accessories.
Nevin Jameh, the Egyptian Minister of Trade and Industry, held an expanded meeting with representatives of Amazon International – via video conference technology, to discuss possibilities for expanding the participation of Egyptian companies to market their products in the local and international markets through the Amazon global platform.
A statement by the Egyptian Ministry quoted the Director of Public Policies for the Middle East at Amazon as saying that the new Corona virus (Covid 19) contributed to the increase of the company’s investments in addition to the increase in the number of employees by 30%, and that Amazon markets products from 26 sectors around the world and employs 80 thousand employees in its branches Spread around the world and 1000 employees in Egypt.
And Amazon recently entered the world of luxury products in a new attempt to maximize its sales in this market, but this time it relies on technology that is used for the first time.
She said she intends to launch online luxury goods stores where designers will directly introduce their innovations to customers around the world.
A few days ago, Bloomberg News said, India’s Reliance Industries was offering to sell a stake of about $ 20 billion in its retail arm to Amazon.com.
The agency said the giant, which extends its activities from oil to telecommunications and is led by billionaire Mukesh Ambani, which has already raised $ 20 billion this year from investors including Facebook and Google, wants to sell up to 40 percent of its retail activity to Amazon.
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