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
 Oct 2 2014 - HH the Emir Issues Decision on Al Ruwais PortQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al Thani issued Thursday Emiri decision no. 76 for 2014 Qatar Al Ruwais Port. The decision was regarding the allocation of the areas needed for the ...

 Oct 2 2014 - KOC Plans to Reach 3.5 bln Cubic Feet of Gas Production by 2030Qatar News Agency
(MENAFN - QNA) Deputy Chief Executive Officer (CEO) for gas exploration in the Kuwait Oil Company (KOC) Menahi Al-Enezi said the company has worked to implement a range of future projects to raise ...

 Oct 2 2014 - Qatar Stock Exchange Gains 72.35 PointsQatar News Agency
(MENAFN - QNA) Qatar Stock Exchange index gained 72.35 points (+0.53%) ahead of Eid Al Adha holidays when the bourse closed trading at 13,830.90 points here Thursday. The trading value increased to ...

 Oct 2 2014 - QSE Index Declines 44.07 Points This WeekQatar News Agency
(MENAFN - QNA) Qatar Stock Exchange index declined 44.07 points (-0.32%) this week when the bourse closed at 13,830.90 points Thursday. The trading value of QR 2,743,186,035.05 is an increase by ...

 Oct 2 2014 - Culture Minister heads to Paris to Attend Qatar Prix de l'Arc de TriompheQatar News Agency
(MENAFN - QNA) HE the Minister of Culture Arts and Heritage Dr. Hamad Abdulaziz Al-Kuwari, on Thursday headed to Paris to attend the Qatar Prix de l'Arc de Triomphe, which is witnessing Qatari ...

 Oct 2 2014 - Summary of Local News ReleasedWednesdayQatar News Agency
(MENAFN - QNA) A summary of local news released Wednesday by Qatar News Agency. - HH the Emir Sheikh Tamim bin Hamad Al-Thani sent Wednesday a cable of congratulations to President of the Republic ...

 Oct 2 2014 - Lebanese Minister: Setting Camps for Displaced Syrians in Lebanon out of DiscussionsQatar News Agency
(MENAFN - QNA) Lebanese Social Affairs Minister Rashid Derbas stressed on Thursday that the cabinet is destined to achieve solidarity and overcome disagreements. Derbas told (Voice of Lebanon) ...

 Oct 2 2014 - Egyptian Authorities Shutdown Rafah Border CrossingQatar News Agency
(MENAFN - QNA) The Egyptian authorities decided Thursday to shutdown Rafah border crossing between the Gaza Strip and Egypt. Rafah border crossing will be shut down as of Friday October 3rd until ...

 Oct 2 2014 - Fakeih: No MERS cases in MakkahArab News
(MENAFN - Arab News) No cases of the Middle East Respiratory Syndrome coronavirus (MERS-CoV) have been reported among pilgrims in Makkah said Acting Health Minister Adel Fakeih after inspecting ...

 Oct 2 2014 - Markaz 37th anniversary campaign starts in RiyadhArab News
(MENAFN - Arab News) The Jamia Markaz of Kerala which plays an important role in promoting Islamic education in the south Indian state of Kerala will celebrate its 37th anniversary on Dec. 18 to ...

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