WayUp Sports aims to meet the demand for diverse specialised and performance-based sportswear and equipment.
Egypt-based SaaS e-commerce startup Awfar has secured a six-figure sum from Saudi Arabia-based venture studio Value Maker Studio (VMS) to expand its presence in Saudi Arabia. More details about this collaboration inside.
Egypt also comes in the place in terms of the percentage of imports from e-commerce as the total merchandise trade increased from 3.5 percent to 4.8 %
Egypt comes first among the Arab countries in terms of the percentage of e-commerce exports compared to total merchandise trade.
Propaper Dubai 2023 will host a large contingent of global paper and packaging companies which are at the vanguard of innovation.
Tunis-based peer-to-peer (P2P) fashion marketplace Dabchy has launched operations in Egypt.
CEO and Managing Director of United Bank, Ashraf al-Kady said that 72 percent of Egyptians have switched to online shopping using e-cards since 2020.
The revenue of the Egyptian e-commerce market was expected to reach $6.8 billion in 2023.
The annual 48-hours Amazon Prime Day sale event on Amazon.eg will offer Amazon Prime members the chance to save big with epic deals and offers.
Egypt-based fashion e-commerce marketplace The Fashion Kingdom (TFK) has acquired OPIO, a direct-to-consumer (D2C) fashion brand, for an unknown sum.
Massive price crashes across all categories, and amazing bank offers on hundreds of thousands of items.
Market data indicates that bulk buying is set to evolve into an EGP 5bn market by 2024, sustained by inflation and high prices.
Especially after COVID-19, many Egyptians entered the field of e-commerce and digital marketing.
ElGabry has been leading the company’s commercial team as Jumia Egypt’s Chief Commercial Office (CCO) since 2022.
During the fourth quarter (Q4) of 2022, e-finance recorded a 12.80% year-on-year (YoY) drop in net profit after tax to EGP 121.50 million.
Jumia explained that it decided to cease a number of activities as part of its goal of focusing on core areas of the business with attractive returns.
With more than 1,200 brands and an unrivaled selection of products, Namshi has quickly established itself as a well-known local brand.
e-Finance is looking forward to maximizing the benefit from the international investor base it enjoys to enter new African and Arab markets.
Consumers and merchants to benefit, while this partnership will drive financial inclusion in line with Egypt’s Vision 2030.
Paymob’s gateway will process various methods of payments, including credit card, digital wallet and others on the X-ERA app.