Smith was one of the few actors to win the treble of an Oscar, Emmy, and Tony
The UAE remains the most prepared country for B2C e-commerce in the Middle East region, followed by Saudi Arabia and Qatar, according to the latest UN report.
Other regional countries in the top 10 include Oman, Turkey, Kuwait, Lebanon, Bahrain, Jordan, and Iraq, said the UNCTAD’s Business-to-consumer E-Commerce Index 2020 released on Wednesday.
Globally, the UAE was ranked 37th on the index, slipping nine slots from its previous position.
Kearney Middle East has projected that the growth of the GCC e-commerce sector will be accelerated by the effects of Covid-19 to reach $50 billion (Dh183.5 billion) by 2025. It predicted that e-commerce will become the main source of growth in the retail sector over the next five years, which has grown from a mere $5 billion in 2015 to about $24 billion in 2020.
Globally, Switzerland replaced the Netherlands at the top of UNCTAD's Business-to-Consumer E-commerce Index 2020, which ranks 152 countries on their readiness to engage in online commerce.
Denmark, Singapore, UK, Germany, Finland, Ireland, Norway and Hong Kong make up the top 10 countries. While the least prepared countries belong to Africa, led by Niger, Chad, Burundi, Comoros and DR Congo.
The UNCTAD said last year that e-commerce sales hit $25.6 trillion globally in 2018, up eight per cent from 2017.
Europe remains by far the most prepared region for e-commerce, but wide gaps with countries with the lowest level of readiness need to be addressed by tackling weaknesses in those nations to spread the benefits of digital transformation to more people.
waheedabbas@khaleejtimes.com
Smith was one of the few actors to win the treble of an Oscar, Emmy, and Tony
This new route will operate with three weekly flights
The GCC’s industry deal makers, tastemakers, and decision-makers are invited to a series of study tours, roundtables, an industry think tank, and beyond at GRIF 2024 Edinburgh
As a part of its commitment to this cause, Hotpack Global has taken proactive steps by conducting on-ground interviews and offering opportunities to those seeking amnesty
Themed 'Content for Good,' the event will take place from January 11 to 13, 2025
New school snack range sidesteps sugar’s impact on student mood and ability to focus
The mission said that the caller will try to extort money on the pretext of solving some non-existent immigration matter
The plight of Sudan, and El-Fasher in particular, has been under discussion this week at the United Nations General Assembly in New York