• E-Commerce In The Gulf

    November 17th, 2015 by
    E-Commerce In The Gulf

    Online shopping as an industry has been established since late 1990’s, UAE has seen some steady strides over the past 5 years with a lot of options for online shopping in UAE. The fashion goes the Electronic way and so do we all. Each town and each city has changed the profile to the prolific Tech savvy techniques in its tread path. In E-Commerce, the trade is carried over through the World Wide Web. As all are moving forward in the path, why not U.A.E. ; which is known to be the particularly wealthy economy and Master society where technology meet the skies with all prosperity. Trading is that aspect of a society that leads it into the prosperous life of luxuries and amenities. And here in U.A.E, the trading sector has always been at the forefront. The Society here is pampered with the modern facilities. And so, we have gone much further and forward in all the latest technologies. According to the latest studies and surveys, the E-Commerce in the region is expected to be valued at $10 by the year 2018.Opines Mr. Sarwant Singh, Senior partner and head of visionary innovation group at Frost& Sullivan. He also states that though selling in U.A.E has a low percentage of eh sales worldwide; E-Commerce will be growing as a megatrend in U.A.E through the coming years.

    As a growing Hub, the United Arab Emirates is expected to reach the top position of the Electronic Development. There is expected to have a 40% of growth in the E-retail sector in the U.A.E. The most eminent perspective of growth here is expected to happen in the retail sector. The Majid Al Futtaim Group, one of the leading Retail groups in the U.A.E. claims that the E-Commerce megatrend will prove to have a bright future in the country. Especially in the metropolitan hub of the region, Dubai. Moreover there are other groups also who state the same demand. The region is a tourism point where there is much scope for the trade and commerce. And so, this new ideology of the Technology opens a wide arena of shopping. And this in turn leads to more and more development in the Tourism sector.The Top E-Commerce sites in the U.A.E are; Namshi, Souq,Bashara care, Jado Pado, Daylili etcetera.

    So, in general this has opened a new trend of shopping for the Shopaholic millionaires in the place.

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