According to a new report from the Boston Consulting Group (BCG), entitled “Saudi Arabia’s 50 billion riyal e-commerce opportunity”, the report highlights how Saudi Arabia continues to advance its 2030 vision and is driving e-commerce growth.
The Tawuniya cooperative insurance company announced the launch of postal package insurance products after the product was approved by the Central Bank of Saudi Arabia and coordinated with the Communications and Information Technology Committee; it assumes the risk of transporting all postal packages through a company that has obtained the package transportation service license, and ensures that the package is lost in the package Or get financial compensation in case of damage.
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From December 1, 2021, Amazon warehouses will fully implement assembly line operations, and strict requirements for outer boxes will be implemented. Those that do not meet the standards may face abandonment.
This period of each year is a special moment for Amazon in the UAE, as it celebrates its largest e-commerce event in the Middle East this week. In the past few years, White Friday offers have become one of the most anticipated shopping activities for UAE Amazon customers.
Amazon will establish the most technologically advanced logistics center in the Middle East in Abu Dhabi through cooperation with the Abu Dhabi Investment Office. The 175,000-square-meter site is expected to be completed in 2024 and aims to create thousands of jobs, promote logistics innovation, and allow local entrepreneurs and retailers to enter new markets through Amazon.
jessy@bsiscm.com