Latest in Tag: e-commerce Highlight
Latest in Tag: e-commerce
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 …
Visa reports significant increase both in e-commerce, contact payments in Egypt
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 …
Consumers prefer e-commerce because of its competitive prices, home delivery services
Businesses pay zero commissions on their sales, which is great competitive edge, says Hamad Al-Judai
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.
Ibrahim Ashmawy, Head of the Internal Trade Development Authority, said that coronavirus contributed to the growth of e-commerce
Beauty e-commerce platform will use funds to support further growth in Egyptian market
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.
The payment facilities are being offered to customers in cooperation with some banks and consumer finance companies.
Discounted products include stationery and electronic devices
Fatura plans to gather 30,000 wholesalers from 15 governorates in its network within two years: Founder Hossam Ali
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
Study also calls for enactment of legal, customs, and tax legislation to regulate financial transactions in e-commerce systems
The minister said that throughout history, Egyptian women have played a key role in society.
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
This came during the Noon round table held on Sunday to announce its partnership with Visa Electronic Payment Solutions.
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 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.
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.
The round was co-led by Beco Capital, 4DX Ventures, and Endure Capital, with participation from 500 Startups, Outlierz Ventures and other local investors
Environment surrounding e-commerce activity developed rapidly within 1 year, says Moharram & Partners Managing Partner
“We supported 19 Egyptian startups through building capacity programmes,” says El Gohary
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.
Online sales in Egypt on Black Friday are 940% more than any other Friday, average purchase amount $87
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 …
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
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 …
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 …
Agreements aim to use logistical centre of Egypt Post at Cairo International Airport