Saudi Vision 2030 ‘turbo-charging’ digital economy, e-commerce: Expert
Saudi Arabia’s Vision 2030 is “turbo-charging” the Kingdom’s thriving digital economy as it enters a high-growth stage in digital payments and ...
Around one in three UAE online shoppers struggle to identify fraud, scams: Survey
Around one in three online shoppers in the United Arab Emirates still struggle to identify fraud and scams, according to a survey conducted by the ...
Adidas, Nike, Puma close stores and ecommerce sites in Russia
Adidas AG suspended its operations of stores and e-commerce site in Russia until further notice, following other athletic-wear makers like Puma SE and ...
Saudi consumers expected to spend more on online shopping in 2022
Since Saudi Arabia’s Vision 2030 plan was launched back in 2016, the Kingdom’s economy has continued to embrace modernization and diversification, ...
Coca-Cola’s Nigeria unit sees threefold boost in e-commerce sales amid pandemic
Coca-Cola Co.’s Nigeria unit said it has seen a threefold increase in e-commerce sales this year after virus-induced lockdowns inspired a change in ...
Ecommerce services firm closes $7 million Series A funding round
A Saudi Arabian ecommerce business services company has secured $7 million in a Series A funding round, the firm has announced. The investment was led ...
New e-commerce law will unlock Saudi Arabia’s massive potential
Saudi Arabia’s new e-commerce law introduced in October last year will unlock the country’s significant potential as a regional e-commerce ...
Saudi e-commerce market to double to $22 billion by 2020
Saudi construction giant alfanar has joined regional organizations such as Virgin Megastore Middle East and North Africa, the Sharjah Cooperative ...
Majed al-Tahan and Saudi Arabia’s transforming online retail space
Majed M. al-Tahan was not destined to rest on his laurels with a degree in architecture from King Abdul Aziz University. A stint as a real estate ...
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1.2 mln items sold in four days in region during White Friday sale
Dubai-based SOUQ.com surpasses all online shopping records in Middle East
Mideast start-ups booming, but for how long?
The start-ups that are securing the largest amounts of funding in the region seem to be the ones that cater to a society driven by consumerism...
Facebook said to gear up for ‘e-money’ service
Social network readying itself to support electronic money and transfers, according to media reports
Souq.com, the Middle East’s answer to Amazon, raises $75m
E-commerce site plans to invest in technology, eyes other markets after new funding from Naspers