VR and digital payments to transform GCC’s retail sector
The Middle East’s e-commerce market will grow by 12.58 per cent on an annual basis to reach $116.8 billion this year, a study by Business Wire found.
“The B2C e-commerce…
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Traditional retailers get a big slice of the UAE e-commerce market
In the UAE, e-commerce has been continuously growing and is expected to reach a compound annual growth rate of 8.6 per cent from 2023 to 2027. This will result in…
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‘E-commerce and luxury sector to lead GCC retail industry’: RLC chairman
E-commerce and luxury goods sector will lead the GCC’s retail industry, Retail Leaders Circle Chairman Panos Linardos said.
“Luxury continues to perform well and favours the in-store model, as consumers…
Read MoreThree e-commerce trends that Middle East retailers are adapting
Market research company Euromonitor International has identified three e-commerce trends that will shape the retail industry this year.
In an op-ed published by the global lead of retail and digital…
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E-commerce companies grow in Ras Al Khaimah
The number of e-commerce companies grew by 26 per cent in 2022 in Ras Al Khaimah, as compared to the previous year. Overall, the Ras Al Khaimah Economic Zone added…
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Mastercard and EazyPay announce partnership
Mastercard has announced a partnership with Bahrain’s fintech and payment service provider Eazy Financial Services (EazyPay), which will now be powered by Mastercard Payment Gateway Services.
MPGS is a platform…
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Tradeling and Mastercard collaborate to empower UAE’s SME sector
Dubai e-marketplace Tradeling that focuses on B2B transactions has announced a collaboration with Mastercard. The new collaboration will offer several benefits to Small and Medium Enterprises in the UAE and…
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DMCC launches e-commerce ecosystem
Dubai Multi Commodities Centre (DMCC) has launched its e-commerce ecosystem to further support the emirate’s e-commerce sector. It has been launched in partnership with storage provider The Box, and offers…
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Covid-era shopping behaviour to continue
German market intelligence company GfK has said that consumers in the UAE will continue to shop online, and that shopping behaviours adopted during the Covid-19 pandemic are here to stay.…
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Alibaba to invest more than $1 billion in Turkey
Alibaba plans to invest more than $1 billion in a data centre close to the Turkish capital of Ankara and a logistics hub at Istanbul Airport, according to media reports.…
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Retail sales in Oman set to increase by more than six per cent annually, Alpen Capital reveals