August 8th, 2006 Humeid
The Financial Times ran an interesting story yesterday about Googleâ€™s foray into the Arab market. Itâ€™s an interesting read which shows that thing are moving in the Arab internet scene.
I am happy to see AdblogArabia quoted in the article.
FT.com / Companies / IT – By Fiona Symon
Google searches for new users
Googleâ€™s foray into the Arabic world has received a mixed welcome from the online community. Some worry that the groupâ€™s technical and financial might could spell the demise of local internet companies that have only just begun to be profitable in the past three to four years. â€œIâ€™m not sure if we should be congratulating ourselves or if we should be concerned about the impact of Googleâ€™s Arabic offensive on long-established Arab online businesses,â€ says media industry blogger Ad Blog Arabia.
The quote comes from this post by Zeid Nasser, which was also linked-to by many blogs in several languages.
Anyway, the article says that Arab worldâ€™s leading portals, Maktoob and Al-Bawaba, donâ€™t seem afraid of Google. They are convinced that their local knowledge will enable them to hold their own.
From my point of view, the Arab internet industry should really shape up. Googleâ€™s presence in this market will surely have an impact. Although entrepreneurial web efforts in the region are on the rise, I hope we see more innovative Internet startups come online in the coming months and years.
Read the whole FT article here.