Dubai will soon have a purpose-built smart retail hub ‘matajircom’. The work on the project will start next month, with plans to get matajircom fully operational in the second quarter of 2015. The project is part of Economic Zones World’s (EZW) visi on to be the global hub of the upcoming e-economy and Dubai Customs’ focus on becoming the world’s leading facilitator of international trade.
Over the last few years, the number of online retailers in the region has been on an upswing, with the UAE accounting for the biggest share of the region’s e-commerce market followed by Saudi Arabia. Through this inclusive initiative, EZW in collaboration with Dubai Customs intends to put in place an eco-system that will bring all players in the ‘e’ domain to partner and collaborate with each other in a synergetic and rewarding manner, enabling a customer initiate online trade with utmost precision.
“This initiative will bring about paradigm shift in the e-commerce landscape, expanding markets from local to national and national to international,” believes EZW CEO Salma Ali Saif bin Hareb. “The new project will serve as a comprehensive platform providing integrated solutions to customers focused on e-commerce,” adds Ahmed Butti Ahmed, executive chairman of Ports, Customs and Free Zone Corporation and director general of Dubai Customs.
The key features of EZW and Dubai Customs’ eco-system include e-commerce tailored regulations and one-stop-shop solutions; physical fulfilment facilities and services; world-class financial infrastructure and payment gateway; high speed Internet; storefront developer; e-marketplace platforms; and call centre services. E-commerce tailored regulations and one-stop-shop solutions will offer licensing, leasing and other utilities supported with world-class customs services. The upcoming hub will allow a customer 100% ownership, 100% repatriation of capital and profits in addition to 0% corporate and income tax.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BElevate engagement, experience and profitability to unlock retail growth
Marchon Eyewear’s ZEISS wins 2024 Red Dot “Best of the Best” Awards for VisionClip
/ 
The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with Lulu
What does it take to sustain profitable growth in the post-IPO phase?
Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in
“Retail is a people’s business. When building a retail brand or the
From being one of the first retailers in Dubai to ban single-use
For starters, Rabbit is a growing e-commerce grocery platform in Egypt always
In 2024 grocery retail major Choithrams has achieved several milestones underscoring its
Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital
The regional grocery retail market is evolving fast keeping pace with constantly
From ethical and local sourcing to adopting cutting-edge technologies to curb food
/ 
The global sporting and athletic goods market grew from $165.28 billion in
The digital universe for retail is hyper-expansive and today it includes a
How advances in artificial intelligence (AI), cloud computing, robotics, 3D printing, internet
Hybrid shopping is the primary buying method for 27% of consumers, found
Regional e-commerce major noon.com has completed the acquisition of the online fashion
Online flowers and gifting destination Floward has raised $156 million in its
Online retail sales surpassed $1 trillion in 2022 for the first time
Earlier this year (in July to be specific) French brand Sandro announced
Airport retailer Dubai Duty Free’s total sales on its 39th anniversary topped
Online share in FMCG sales has been growing all over the world,
Online retailer SHEIN has adopted digital thermal transfer printing to accelerate printing
Previous Article
