E-retail companies in UAE reap benefits despite crisis, challenges – Gulf Today

E-retail companies in UAE reap benefits despite crisis, challenges – Gulf Today

The data show that the UAE occupies an advanced position globally, due to the UAE's pivotal position in the global trade map, its large storage capacity and its extensive logistical networks which contributed to record low percentages of materials that were out of stock before the outbreak of the epidemic (3.4 per_cent on January 21).. The emerging market economies in general recorded a low percentage of the basic materials that ran out of stock because most of their products are obtained locally, while the developed markets have more sophisticated supply chains as a large part of their products are brought in from abroad, in order to take advantage of the low production costs.. India is an exceptional case among emerging market economies, and this is already reflected in its record of a high percentage of commodities that have run out of stock even before the outbreak of the epidemic.. Dubai Chamber provides an integrated system of smart and electronic services that cover all the requirements of the business community, enabling businesses to complete all their transactions remotely easily, easily and according to the highest international standards..