Latest in Tag: e-commerce Highlight
Latest in Tag: e-commerce
Finance Minister calls on small enterprises to register in e-commerce unit at Tax Authority
Mohamed Maait, Minister of Finance, urged owners of small and micro enterprises who engage in e-commerce activity to take the initiative to register in the e-commerce unit at the Egyptian Tax Authority, in order to benefit from the new tax incentives stipulated in the Micro, Small, and Medium Enterprise Development Law. In a statement on …
MENA is second fastest growing market of e-commerce in world: Visa Regional President
Visa reports significant increase both in e-commerce, contact payments in Egypt
E-commerce platform Capiter aims to generate $1bn in revenues by 2023
Capiter, the e-commerce platform specialising in the field of fast-moving consumer goods (FMCG) and foodstuffs, has announced that it aims to achieve revenues of $1bn by 2023. The target comes as part of the company’s ambitious plan to multiply the volume of its business tenfold, after achieving fruitful results during 2020 despite the novel coronavirus …
Consumer appetite for local products, e-commerce platforms grows amid COVID-19: Study
Consumers prefer e-commerce because of its competitive prices, home delivery services
Zyda expands into Egypt offering restaurants e-commerce solutions
Businesses pay zero commissions on their sales, which is great competitive edge, says Hamad Al-Judai
Businesses pivot to grow revenues, overcome COVID-19 pandemic
The novel coronavirus (COVID-19) pandemic has confused the accounts and plans of many companies, due to the negative effects of the precautionary measures put in place to combat the pandemic, including social distancing.
E-commerce market in Egypt estimated at EGP 40bn: Official
Ibrahim Ashmawy, Head of the Internal Trade Development Authority, said that coronavirus contributed to the growth of e-commerce
Source Beauty lands six-figure seed round led by Geneva-based ACE & Company
Beauty e-commerce platform will use funds to support further growth in Egyptian market
E-commerce, digital payments set for major growth in 2021 across MENAP region
The report draws insights from a regional survey, which polled more than 5,000 consumers in September 2020 in the UAE, Saudi Arabia, Egypt, Jordan, Qatar, Kuwait, Bahrain, and Pakistan.
E-commerce companies compete for sales on Black Friday
The payment facilities are being offered to customers in cooperation with some banks and consumer finance companies.
E-commerce platforms in Egypt launch ‘Back to School’ offers, discounts
Discounted products include stationery and electronic devices
B2B e-commerce Fatura aims to deploy technology in local trading
Fatura plans to gather 30,000 wholesalers from 15 governorates in its network within two years: Founder Hossam Ali
Africa needs to boost internet penetration as COVID-19 disrupts trade: UNECA
Kenya, Mauritius, Namibia and South Africa are only countries where share of internet shoppers tops 8%, the trend is below 5% in most other African countries
Government study projects 50% growth in e-commerce amid COVID-19
Study also calls for enactment of legal, customs, and tax legislation to regulate financial transactions in e-commerce systems
E-commerce platform launched to market women-made products: Communications Minister
The minister said that throughout history, Egyptian women have played a key role in society.
Payfort, valU partner to provide payment options for e-commerce stores
PayFort’s seamless integration with merchant sites allows customers to checkout with just two clicks. To date, this simple process has helped merchants in the region
Noon to add home appliances on its electronic platform
This came during the Noon round table held on Sunday to announce its partnership with Visa Electronic Payment Solutions.
E-Commerce latest strategies to double online business
Egypt’s internet commerce scene is still in its first steps for growing and reaching its potential. But with incentives initiated by the Government and private companies, it looks great for the e-Commerce industry.
Egypt moves up 11 spots in 2019 UNCTAD B2C E-commerce Index
Egypt ranked 102 out of 152 countries in the index. The report was based on the classification of countries on several axes that included account ownership in a financial institution and the proportion of Internet users and secure its services.
Egypt Post, DHL agree to facilitate e-commerce in Africa
The agreement aims to provide new and innovative services to stimulate rapid shipping traffic to and from the African continent, focusing on Egypt’s position as a major hub for development.
Egyptian B2B e-commerce startup MaxAB raises $6.2m seed round
The round was co-led by Beco Capital, 4DX Ventures, and Endure Capital, with participation from 500 Startups, Outlierz Ventures and other local investors
Lack of clarity over tax policies for e-commerce platforms hinder investments
Environment surrounding e-commerce activity developed rapidly within 1 year, says Moharram & Partners Managing Partner
ITIDA adopts new strategy to support Egypt’s e-commerce
“We supported 19 Egyptian startups through building capacity programmes,” says El Gohary
2nd edition of E-commerce summit to tackle fintech, digital transformation in Egypt
The most advanced fintech players in the Egyptian market are the payment service providers and mobile wallets and both have been widely adopted by banks and telecom providers.
E-commerce sales in Egypt grew by over 150%, mobile purchases make over 1/3 in 2018: Admitad
Online sales in Egypt on Black Friday are 940% more than any other Friday, average purchase amount $87
Namshi Announces Expansion into Egypt
With e-commerce being the most promising business on the rise around the region, a new tycoon has announced its intention to enter the Egyptian market. Ever since its inception in 2011, Namshi has been one of the leading e-commerce platforms in the region. Specialised in mid-market goods from fashion to beauty and home ware, Namshi …
Cooperation protocol between Egypt Post, Jordan Post in field of e-commerce, fund transfer
The meeting also stipulates that the service of instant money transfer would be activated, in order to facilitate funds transfer for Egyptians living in Jordan to their relatives in Egypt
Six ways AI can assist your e-commerce business
Artificial intelligence (AI) systems have been developing quickly in the past period. One of the most prominent sectors that benefit from this development is e-commerce, specifically marketing. In fact, according to many e-marketing experts, the coming few years will see an integrated AI system replacing traditional marketing as we know it today. AI applications have …
B2C e-commerce trade volume to reach $3bn by 2019/2020: AT Kearney
An AT Kearney report showed that by 2019/2020, predicted business process outsourcing (BPO), business-to-business (B2B) e-commerce activities, along with business-to-consumer (B2C) e-commerce trade, can add up to almost $3bn, realising a return at 2.35% of GDP. B2C e-commerce activities in Egypt were estimated to have reached $544m in 2015/2016. This forms approximately 0.4% of total …
Egypt Post signs e-commerce agreements with several African countries
Agreements aim to use logistical centre of Egypt Post at Cairo International Airport