200 COMPANIES FROM ACROSS THE COUNTRY
USD24 BILLION RAPID GROWTH IN THE MIDDLE EAST AND NORTH AFRICA BY 2022
50% MAINTAINING E-COMMERCE SALES WITH UAE’S LEADING INDUSTRY
In line with its commitment to play a key role in the move to advance Dubai’s leadership in global trade and e-commerce, Dubai South has highlighted the latest developments in the Middle East’s rapidly growing e-commerce sector at the e-commerce Expo in Olympia, London. During its presence at the show, Dubai South promoted the Logistics District and its recently launched fully dedicated e-commerce free zone, EZDubai, including its capabilities and key features. The UK’s largest e-commerce event, it attracted more than 12,000 delegates and over 200 companies from across the country.
Recent market reports have shown rapid growth of e-commerce in the Middle East and North Africa valued to reach up to USD24 billion by 2022, the region’s e-commerce trade has soared by 1500% for the last 10 years, with UAE leading the industry by maintaining 50% in terms of e-commerce sales. The growth is further spurred by new shopping habits and changing lifestyles coupled with easy access to mobile and smart technologies.
Mohsen Ahmad, CEO of Dubai South’s Logistics District, said: “The UAE and especially Dubai is rapidly gaining its reputation as an ideal e-commerce hub strategically positioned to serve the global e-commerce market following the steady growth of online shopping in the UAE and the Middle East. Our participation at the e-commerce Expo is in line with our goals to promote the emirate as the preferred destination for doing business, supported by world-class logistics and supply chain facilities and services solely dedicated to the needs of the rapidly growing e-commerce in the region.”