Joint Research Shows an Increase in electronic retail sales locally and internationally
- Ministry of Economy and Abu Dhabi Chamber issue joint research paper on digital trade
- Digital trade market in the MENA region may rise to about USD 57 billion by 2026,
26 May 2024, Abu Dhabi, UAE: The Ministry of Economy and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) have issued a new joint paper revealing that trends project the growth and prosperity of digital trade activities in the UAE at a compound annual growth rate of 12.3% between 2023 and 2028. The research showed that more than 40% of consumers in the UAE relying on the “buy now, pay later (BNPL)” models and FinTech digital technology systems.
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