Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE Leads E-shopping in Middle East  Join our daily free Newsletter

MENAFN - Qatar News Agency - 26/03/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Qatar News Agency) The UAE is leading the e-commerce revolution in the Middle East with approximately five in 10 people shopping for goods and services on the internet, according to the latest research by MasterCard.



The Online Shopping Behavior 2013 study, which included responses from 3,000 people, showed that 51 per cent of consumers in the UAE went online to shop last year, the highest in the regio



Saudi Arabia and Qatar followed closely behind with 48 per cen



The UAE is home to a tech-savvy population and has the region's highest internet penetration and smartphone ownership rates, estimated at 71 per cent and 73 per cent respectivel



The country's e-commerce is forecast to reach 10 billion (Dh36.7 billion) in value by 2018, reported Gulf News on Tuesda



"The steady growth of online shopping trends in the UAE sheds light on the priorities of the technology-savvy new age consumer, who now enjoys the convenience, speed, value for money and safety of their transactions while shopping online," said Aaron Oliver, head of emerging payments for Middle East and Africa at MasterCar



Overall, the Middle East's online shopping is set for 'exponential' growth in the next three to five years, as more consumers embrace faceless transaction



It is also forecast that more people will move away from traditional computers to mobile devices, driving further the growth of e-commerc

 


Qatar News Agency




  MENA News Headlines
 Sep 17 2014 - Kuwait- Man City rescue thrilling draw against ArsenalArab Times
(MENAFN - Arab Times) LONDON Sept 13 (AFP): Martin Demichelis' late header saved Manchester City from a second successive defeat as the Premier League champions rescued a thrilling 2-2 draw against ...

 Sep 17 2014 - Prince Harry turns 30 with a military focus and a fortuneArab News
(MENAFN - Arab News) Prince Harry celebrated his 30th birthday Monday after the end of his multi-sport event for wounded troops and with a windfall from his late mother Diana's estate.Harry fourth in ...

 Sep 17 2014 - The theater of fashion and why you need to be thereArab News
(MENAFN - Arab News) LONDON: Live streaming video replays Instagram and Twitter updates from the front row there are many ways to follow fashion shows these days but nothing compares to the ...

 Sep 17 2014 - Robin Thicke didn't write 'Blurred Lines'Arab News
(MENAFN - Arab News) LOS ANGELES: Robin Thicke's blockbuster but much criticized hit 'Blurred Lines' grew even more controversial Monday as the singer revealed he never wrote it according to court ...

 Sep 17 2014 - Eminem hit lands NZ ruling party in courtArab News
(MENAFN - Arab News) WELLINGTON: New Zealand's ruling National Party is being sued for alleged unauthorized use of rapper Eminem's song 'Lose Yourself' in campaign ads ahead of next Saturday's ...

 Sep 17 2014 - Kim Kanye 'trying' for second babyArab News
(MENAFN - Arab News) LOS ANGELES: Reality star Kim Kardashian has confirmed that she is trying for a second baby with husband Kanye West amid reports that she pregnant. She had earlier expressed her ...

 Sep 17 2014 - Clooney to get prize for humanitarian workArab News
(MENAFN - Arab News) LOS ANGELES: Hollywood megastar George Clooney will receive the Cecil B. DeMille Award at the Golden Globes for his work on screen and off the organization said Monday.The ...

 Sep 17 2014 - Palestinian bagpipers back Scottish independenceArab News
(MENAFN - Arab News) Scottish independence campaigners have found an unexpected source of support ahead of a landmark referendum on the fate of the United Kingdom Palestinian bagpipers.In a small ...

 Sep 17 2014 - Dubai goes Gagaor not reallyArab News
(MENAFN - Arab News) Almost a week after her concert in Dubai it has hardly left any lasting impression even though the media tried to hype her visit as much as possible. 'She gave the audience a ...

 Sep 17 2014 - Saudi- Shahad Al-Azzaz: I aspire to be the face of the KingdomArab News
(MENAFN - Arab News) 'A journey of a thousand miles begins with a single step'. This saying perfectly applies to a young Saudi woman who had craved for success since the very beginning and worked ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help