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FINANCIAL NEWS
GCC’s e-commerce trade to become world’s fastest growing
14 Nov 2016
(MENAFN) With the high level of Internet penetration and positive economic fundamentals, the GCC region will become the world’s fastest growing e-commerce playground.
However, despite strong economic fundamentals, the GCC is one of the most under penetrated e-commerce markets in the world.
The e-commerce estimated market size reached USD5.3bn in 2015, while it contributes only about 0.4 percent to the region”s GDP.
On the other hand, there are notable chances to overcome these challenges and ease growth in the sector, while the market will expand to USD20bn by 2020.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
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13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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