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empowerME Conversations
Heartcast Media
17 episodes
9 months ago
Featured conversations with business and government leaders shaping the Middle East.

empowerME Conversations is a project of the Atlantic Council’s empowerME initiative.
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Society & Culture
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All content for empowerME Conversations is the property of Heartcast Media and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Featured conversations with business and government leaders shaping the Middle East.

empowerME Conversations is a project of the Atlantic Council’s empowerME initiative.
Show more...
Society & Culture
https://d3wo5wojvuv7l.cloudfront.net/t_rss_itunes_square_1400/images.spreaker.com/original/0894d3609320275b7da25d85923dd657.jpg
Season 2, Episode 2 - Democratizing Commerce with Ramez Shehadi
empowerME Conversations
45 minutes
4 years ago
Season 2, Episode 2 - Democratizing Commerce with Ramez Shehadi
Key Takeaways:
0:00 Intro
1:23 Ramez talks about digitization of the Middle East economy, what it means and what he is seeing on the ground 
3:40 MENA internet penetration higher than global average (https://www.statista.com/statistics/265171/comparison-of-global-and-middle-eastern-internet-penetration-rate/)
5:22 Ramez shares some of the reasons why he feels that businesses are still struggling to join the digital world 
7:55 100,000 UAE Golden Visas for coders: Who can apply and how (https://www.khaleejtimes.com/news/100000-uae-golden-visas-for-coders-who-can-apply-and-how)
8:53 Ramez talks about what he does with his role at Facebook to get more of the SMEs online and be digital 
9:30 New unicorns spike 491% to 136 in Q2, says report (https://www.zawya.com/mena/en/business/story/New_unicorns_spike_491_to_136_in_Q2_says_report-SNG_226689313/)
11:10 Facebook launches #LoveLocal initiative in MENA (https://www.sme10x.com/10x-industry/facebook-launches-lovelocal-initiative-in-mena)
14:22 Ramez talks about how the pandemic has been kind of a wake up call for the SMEs to go big and digitalize 
17:09 Huda Beauty (https://hudabeauty.com/us/en_US/home)
17:44 Will conversational commerce be the next big thing in online shopping? (https://www.economist.com/business/2021/07/10/will-conversational-commerce-be-the-next-big-thing-in-online-shopping)
18:04 Ramez talks about e-commerce and c-commerce and how they are evolving in the Middle East region and what plans Facebook has towards that 
22:42 Dubai 'ghost kitchen' Kitopi is adjusting to life in a pandemic (https://www.cnn.com/travel/article/ghost-kitchens-kitopi-spc-intl/index.html)
27:06 Ramez talks about the transformation of Facebook in terms of the revenue structure and how it changes as the environment changes 
29:15 Ramez talks about advertisements in the Middle East and if it has fully digitalized in terms of even putting the advertiser's money online 
32:18 Ramez also talks about scalability and how brands are being able to scale globally thanks to platforms like Facebook especially in the Middle East 
36:16 Ramez talks about what people should be focusing on in the ecosystem for them to be successful especially in the Middle East 
39:15 Ramez talks about entrepreneurship and why we need to widen its definition so as to even accommodate the small businesses and what can be done to help the SMEs 
42:36 Ramez talks about how Facebook balances its business goals and the social issues especially in the Middle East region 

Shows Mentioned:
Facebook: https://www.facebook.com/ 
Instagram: https://www.instagram.com/ 
WhatsApp: https://www.whatsapp.com/?lang=en 
Messenger: https://www.messenger.com/ 
MENA Region: https://en.wikipedia.org/wiki/MENA 
Huda...
empowerME Conversations
Featured conversations with business and government leaders shaping the Middle East.

empowerME Conversations is a project of the Atlantic Council’s empowerME initiative.