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FINANCIAL NEWS
Online businesses will grow in Egypt
04 Apr 2016
(MENAFN) Online businesses are increasing in Egypt, while it is 12th in the world in investing in e-commerce, and by 2020 its e-commerce market will double its 2014 number to reach USD 2.7bn.
Accordingly, there is a lot of e-commerce potential in the country, whereas a “wave of entrepreneurship” is sweeping the Internet.
Moreover, more than 50 percent of Egypt’s population has access to the Internet, and its young people are heavy users of the Web in the Middle East and N. Africa.
Egyptian online shoppers, 50 percent are aged between 26 and 35, while the percentage of Internet users who have shopped online increased to 8.7 percent.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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