They pointed to the great opportunities that the UAE and GCC countries offer to boost cross-border digital commerce.
In his opening address at the forum, Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said: “E-commerce has emerged as a cornerstone of the global economy, transforming industries and redefining consumer experiences over the past 25 years.
“This year, global e-commerce sales are expected to surpass $6.4 trillion, with mobile commerce accounting for nearly $2 trillion of that total. In 2024, online purchases will represent 20 per cent of all retail sales-a testament to how deeply digital trade has become embedded in our lives, fuelled by widespread internet access and mobile connectivity.”
“The UAE has long recognised the transformative potential of e-commerce. This is why we continue to invest in infrastructure to advance digital commerce across the Middle East and beyond, including the development of Dubai CommerCity-the region’s first and leading free zone exclusively dedicated to digital commerce,” Dr. Al Zeyoudi added.
Faisal Jassim, Senior Director of Sales at Dubai CommerCity, in a statement said, Dubai CommerCity is the region’s first and most prominent free zone dedicated to digital commerce.
He pointed out that the forum witnessed a great turnout and that many participants expressed their desire to connect with investors, markets, companies, suppliers, and all parties in the e-commerce value chain.
He urged anyone interested in e-commerce or looking to start a new venture to visit Dubai CommerCity and attend WorldDev Dubai, where they can interact, network, and embark on their business journey.
Under the patronage and in the presence of Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), the WORLDEF Dubai 2024 Forum, the world’s largest digital commerce event, commenced today, bringing together over 5,000 attendees from more than 40 countries.
Hosted by Dubai CommerCity, the region’s first and leading free zone dedicated exclusively to digital commerce and a joint venture between DIEZ and Wasl Properties, the event is organised by WORLDEF, an international platform committed to supporting the global expansion and growth of cross-border e-commerce and digital commerce companies.
The two-day forum provides a unique opportunity for collaboration, knowledge sharing, and obtaining insights into emerging trends.
(Source: gulftoday.ae)
