Qatar’s e-commerce market witnesses positive growth – The Peninsula

  • Date: 17-Aug-2022
  • Source: The Peninsula Qatar
  • Sector:Retail
  • Country:Qatar
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Qatar’s e-commerce market witnesses positive growth – The Peninsula

Doha: Qatar’s e-commerce market is expected to grow $3.2bn in the current year that is evident by its positive growth. Ministry of Communications and Information Technology (MCIT) is helping develop e-commerce in Qatar by establishing regulations and requirements to be trusted and has introduced several initiatives to support ideas of entrepreneurs in the field of e-commerce according to a Newsletter released by the ministry, recently.

With the growth of e-commerce in Qatar, the need for additional high-value services is also increasing. “Online business owners are increasingly outsourcing professionals in areas as diverse as fulfillment, delivery, web hosting, technical support, website development and design, customer service, and administrative support. The Ministry of Communications and Information Technology cooperates with local companies to provide the best solutions for eMerchants, ensuring the country’s e-commerce ecosystem’s growth and competitive constituency.

In Qatar, there are three types of service providers in the e-commerce system: eCommerce Website Services, Payment Gateways & Payment Solutions, Logistics Providers,” the August 2022 eCommerce publication said.

The e-commerce portal includes several benefits to support companies registered in Qatar and the website is designed to streamline e-commerce companies’ communications services and processes online. “The e-commerce market in Qatar stood at $1bn in 2014, increasing to $2.4bn