UAE amongst global leaders for online shopping readiness, UN index shows
The UAE is the fourth most prepared developing economy for online commerce, according to a new index from the United Nations Conference on Trade and Development (Unctad). Unctad’s 2019 Business-to-Consumer (B2C) E-Commerce Index, which measures an economy’s preparedness to support online shopping, found the UAE fared highly in terms of internet usage and number of accounts “with room to improve for secure servers and postal reliability.” One sign is the purchase of the UAE online retailer Souq.com by Amazon in May 2017 for USD583mn, the report said. Another is the USD735mn Dubai CommerCity, the first dedicated e-commerce park in MENA. The ranking of 151 economies is calculated from the average of four indicators: account ownership at a financial institution or with a mobile-money-service provider; individuals using the internet; postal reliability; and secure internet users. The UAE was atop the highest proportion of individuals using the internet, at 95% of the population.
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.