Latest in Highlight
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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
Countries with fastest growing e-commerce sales
eMarketer published a list of the countries projected to achieve the fastest growing sales via e-commerce this year and the coming two years. The list is comprised of 15 countries. According to the report, India topped the list of countries expected to achieve strong growth in the e-commerce market. The report predicted India will mark …
E-commerce accounts for 0.4% of retail sales in Egypt
Online purchases account for 1.8% of total trade in MEA
Moda Fit: e-commerce synonym for local summer attire
Our main goal was to have a well-established online shopping website, with trendy designs as well as affordable prices, says co-founder
Careem studies start-up market in Egypt to invest in transport and e-commerce sectors to achieve their expansion plans
We aim to increase the number of customer service staff to 1,000 during the first quarter of next year
PayMob payments launches ‘Accept’ service for e-commerce on social media
The Egyptian electronic payments company “PayMob”, one of A15 investment companies, has launched a new product under the name “Accept”, which provides merchants with e-commerce services. Accept allows merchants to carry out direct selling without the need to own a commerce website, which allows retailers to utilise the network to achieve the highest revenues. Accept …
Herzone for e-commerce aims to enter Saudi Arabia next year
We plan to deploy our services in the Middle East, North Africa, and the United States, says Hassan
HerZone.com officially launched in Egypt
The application allows creative artisans to display their products and increase their sales, while payment on receipt is still the solution to the lack of consumer confidence, says Diaa Hassan
41.6m calls to and from e-commerce companies during Q4 2016
Uber accounted for 58% of all calls related to requesting rides via smartphone applications
Amazon to acquire UAE-based e-commerce platform souq.com
Souq currently controls around 78% of all e-commerce in the MENA region
A15 invests in 2 startups in fields of healthy food, e-commerce
Company investment portfolio has value of $3m, of which $800,000 has been invested, says Azer
SOUQ.com launches 2 programmes for SMEs to grow e-commerce in Egypt
SOUQ.com, the leading online shopping and e-commerce provider, launched two innovative selling programmes for small- and medium-sized enterprises (SMEs): “Fulfilled by SOUQ” and “SOUQ Selling Centre”. SOUQ.com considers the programmes to be advanced solutions in supply chain management and aims to build a fully integrated e-commerce ecosystem in Egypt. Through these programmes, SOUQ.com will be …
A15 partners with PayMob to boost electronic payment sector
40% more credit cards, 36% more debit cards in use since 2010, according to CBE
Alibaba Q1 revenues jump 59 percent, stocks soar
Shares in the Chinese e-commerce giant Alibaba jumped more than 5 percent on Thursday after the company reported a 59 percent year-on-year increase in its first-quarterly revenue to nearly $5 billion.
The variety of a hypermarket without the hassle of leaving your house
Knockmart.com can deliver its clients all food commodities in 14 areas mostly in new cities
Mobile phones most online requested products in Egypt
42% of domestic online shopping transactions are conducted via mobile phones
14% growth expected in e-commerce in Arab world this year
Facebook still ranks first among social media sites in the Middle East, though its usage is relatively low in Saudi Arabia and Kuwait
450 e-commerce websites in Egypt at end of 2015
18m daily visits for e-commerce websites, two of which control 70% of the market: Yaoota report
ITIDA postpones bestowing its mark of confidence to e-commerce websites
We are studying opening technological representative offices to support export
Souq.com receives $275m investment
CEO of the company stated that Souq.com will continue to lead the e-commerce market
Visa, Egyptian government cooperate to promote tourism, stimulate e-commerce: MENA General Manager
North Africa region witnesses the most cooperation between Visa and its states’ governments, says Ayoub
