New study says average size of e-commerce transactions in the UAE in 2018-2019 was $144
Middle East e-commerce
E-commerce
Alabbar opens Net-a-Porter’s first Middle East offices
Net-a-Porter aims to build Middle East region’s largest online luxury retailer
Aramex
Dubai’s Aramex sees Q2 net profit rise on e-commerce growth
Logistics major Aramex says strong demand from e-commerce continues to spur growth in volumes
Amazon
E-commerce giant Amazon posts $2.6bn Q2 profit
US retailer Amazon says revenues rise 20% to $63.4bn in the second quarter of 2019
Dubai retailers
Dubai e-commerce platform Sprii raises $8.5m for further growth
Dubai-based Sprii is an online marketplace which connects mums to their favourite global brands
Asil Attar
Why Damas CEO will never go ‘full speed ahead’ with e-commerce
I hope my kids never get proposed to by a guy who has bought their engagement ring online, says Asil Attar
beauty and skincare
Saudi e-commerce site launches virtual make-up sessions
Golden Scent says Virtual Try-On means customers can try out products without visiting physical stores
China
Dubai will be a ‘magnet’ for Chinese e-commerce, says Dubai Chamber CEO
According to Dubai Chamber statistics, e-commerce sales in 2018 totalled $1.5 billion, a 19 percent increase from 2017
Dubai economy
Rising global investor interest seen in UAE’s industrial space
JLL says rise in e-commerce and subsequent digitisation of the supply chain industry are major factors fuelling growth and investor interest
Amazon
Amazon.ae says to offer Ramadan deals with up to 60% discounts
Recently launched Amazon.ae to offer an array of deals for customers during Ramadan
Criteo
Revealed: the impact of Ramadan on e-commerce
Online sales are expected to surge in the Middle East in the run-up and during the holy month
Aramex
Currency fluctuations hit Q1 net profits of Dubai’s Aramex
Dubai-based logistics giant Aramex says business continues to benefit from growth in global e-commerce volumes
Al Faisaliah Ventures
UAE e-commerce platform Awok secures $30m for expansion plan
New capital raised will be mainly used for further geographical expansion into Saudi Arabia
DHL
Global courier DHL expands UAE ops with new EZDubai plans
DHL Express announces plan for 3,200 sq m facility to handle rising B2C exports in Dubai South, with 13 pick-up and delivery routes to be relocated to EZDubai
Dubai retail sector
Dubai retailer Union Coop plans to double online sales in 2019
Largest consumer cooperative in the UAE expects AED30 million sales in 2019, nearly double that seen last year
E-commerce
Saudi logistics sector forecast to grow to $60bn market by 2024
Growth prospects for the Saudi logistics industry look promising over the next five years, according to new research
abu dhabi retail
How the UAE’s $1.2bn Reem Mall aims to revolutionise shopping
Developers behind upcoming Abu Dhabi mall plan to fuse e-commerce platforms with brick and mortar