Home Tag "Saudi Arabia"

Impact of VAT on mobile phone market

Sarah Rizvi
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20
Research firm IDC has said that the introduction of value-added tax in January 2018 will exacerbate the outlook for the mobile phone market in the GCC region. With VAT of 5% becoming effective across the UAE and Saudi Arabia on January 1st, and the rest of the GCC following suit later in 2018, questions are being asked about what this means for the region’s mobile phone market. 

GCC smartphone market declines

Sarah Rizvi
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18
According to the latest figures announced today by IDC, the mobile phone market in GCC remained flat in Q3 2017. The global technology research and consulting firm’s newly released Quarterly Mobile Phone Tracker shows overall shipments for the quarter totaled 6.4 million units, reflecting an increase of just 0.1% quarter on quarter (QoQ).

Noon expands e-commerce footprint in Saudi

Sarah Rizvi
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20
E-commerce platform Noon is now live in Saudi Arabia, following an official announcement by Noon’s founder Mohamed Alabbar saying that the e-commerce platform will begin trading starting midday, 12th December. The site will host an array of products, covering fashion, beauty, fitness, sports, technology, games and household goods. 

PayPal Launches Seller Protection Programme in Saudi Arabia

Chris N. Fernando
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10
PayPal has announced the launch of the PayPal Seller Protection Program in Saudi Arabia in an effort to empower local businesses to trade online, both locally and globally with confidence and peace of mind. PayPal’s Seller Protection Programme is designed to help protect merchants from buyer’s claims, chargeback, and reversals, so that they are better able to take advantage of the opportunities offered by eCommerce. The programme may provide coverage to sellers against claims, chargebacks or reversals on eligible sales […]

Noon inks partnership with Saudi’s eXtra

Sarah Rizvi
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16
Noon.com has signed a partnership agreement with Saudi electronics giant, United Electronics Company (eXtra) to act as Noon’s exclusive partner for a range of consumer electronics and home appliance items such as Samsung, LG, Sony, Braun, Kenwood and Moulinex. 

Energy sector more lucrative for cyber attacks

Sarah Rizvi
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9
Energy is overtaking banking and finance as a target for cyber-criminals in the Middle East, yet companies in the sector are leaving themselves significantly more open to a successful attack, leading international experts have told the Security in Energy conference in Abu Dhabi.