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Egypt, Saudi Arabia, UAE lead Arab growth in online transactions

Monday 16 October 2017 | 13:51 CET | News
A study by Payfort, an Amazon company, of seven countries in the Arab region found a 22 percent increase in online transactions during 2016. This was led by strong growth in Saudi Arabia, Egypt and the United Arab Emirates, showing 27 percent, 22 percent and 21 percent year-on-year growth respectively. The report identifies 'Events and Entertainment' as the fastest growing payments sector, with annual 33 percent growth in 2016.

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Categories: Internet
Companies: Amazon
Countries: Egypt / Saudi Arabia / United Arab Emirates
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