The UAE is the Middle East and North Africa’s fastest-growing e-commerce market, with transactions forecast to reach $16bn this year and set to grow 23% annually until 2022, according to a report by Dubai Economy and Visa. In an interview on Wednesday, Mr Trump said he was “very happy” about his meeting with Sheikh Tamim bin Hamad al-Thani, who heads the Gulf Cooperation Council, which includes Saudi Arabia, Qatar, Kuwait, Meanwhile, a report from TechSci Research said the emirates' mobile wallet market would grow 24% each year until 2022. The UAE wants to be a cashless society by next year.
The UAE is the Middle East and North Africa’s fastest-growing e-commerce market, with transactions forecast to reach $16bn this year and set to grow 23% annually until 2022, according to a report by Dubai Economy and Visa. An earlier report from the credit card issuer had said almost two-thirds of UEA retailers reported higher sales because of digital payments. Meanwhile, a report from TechSci Research said the emirates' mobile wallet market would grow 24% each year until 2022. The UAE wants to be a cashless society by next year.