E-commerce in UAE reaches 55% of total GCC market: report

E-commerce is booming in the Middle East, particularly in the United Arab Emirates, according to ShopGo, the leading e-commerce solutions provider in the MENA region.

The Emirati market registered a 300 percent growth between 2013 and 2014, ShopGo added.

The e-commerce sector in the UAE is currently valued at $2.5 billion, representing 55 percent of the total e-commerce market in the Gulf Cooperation Council, ShopGo said in a press released after a workshop held in Dubai on Wednesday over e-commerce opportunities in the MENA region, support for entrepreneurs, start-ups and other aspiring e-commerce professionals through the challenges of creating and managing a shop online.

“People are realizing the potential of e-commerce and they are slowly gaining a better understanding of the needs of the business. We utilize these workshops to provide those with an interest in the industry and potential projects with the right information and tools required to put their great ideas into practice,” said Mohanad Ghashim, ShopGo's CEO.

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