E-comm sales to hit AED100b in 2022, says Dubai Customs

  • Date: 10-Dec-2020
  • Source: Emirates Business
  • Sector:Retail
  • Country:UAE
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E-comm sales to hit AED100b in 2022, says Dubai Customs

E-comm sales to hit AED100b in 2022, says Dubai Customs Admin 24 hours ago Local News, UncategorizedDUBAI / WAMDubai Customs expects e-commerce sales to rise 23 percent to 27 billion (AED100 billion), in 2022. Dubai Customs plays a major role in supporting the strategy which sees Dubai as the world's capital of the new economy. This is done through reinforcing the companies of the future economy such as the e-commerce companies by facilitating trade and reducing costs for them so that they can set up regional headquarters in Dubai. One of the projects that Dubai Customs is showcasing at the Gitex Technology Week 2020 is the Cross Border e-Commerce Platform; the collaborative blockchain-based e-commerce platform, which caters to the needs of all stakeholders in the e-commerce supply chain following the directives and vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. On the sidelines of the exhibition, Ahmed Mahboob Musabih, Director-General of Dubai Customs, stated that there is a good opportunity for Dubai to turn into an e-commerce central hub for African, Gulf, Middle Eastern and South American markets. Recently, Dubai was ranked as the fastest-growing e-commerce market in the