Visa′s Hadi Raad, Head of Emerging Products and Innovation for Central and Eastern Europe, Middle East and Africa, recently talked to Dubai-based, Arabic-language Al Arabiya News Channel about recent developments in eCommerce across Middle East and North Africa following Amazon′s acquisition of Souq.com. In his interview, Raad describes Amazon′s recent entry into the region is a sign of the growing importance of the Middle East′s eCommerce sector. Also, he discusses key requirements for a thriving eCommerce sector, including investments in infrastructure and building consumer confidence in the use of the electronic payments.