Saturday, February 9, 2013

UAE online retail set for 95% growth by 2018

More UAE shoppers are set to go online over the next five years.

Internet retail sales are expected to grow by 95 percent in the UAE over the next five years, according to new research from Euromonitor International.
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It said the rocketing sales online would be driven by consumers in the UAE becoming more sophisticated and confident that online orders offer quality products, prompt home delivery and card security.
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Internet retailing in the UAE will benefit from a "surge in consumer enthusiasm and confidence" to 2018, Euromonitor said.
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Ayman Ghanam, research analyst at Euromonitor, added: "The internet, despite its comparatively low usage penetration, has already played a significant part in the Arab Spring and as a result the Middle East is expected to see massive growth."
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Read more: http://www.arabianbusiness.com/uae-online-retail-set-for-95-growth-by-2018-488798.html

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