In 2015 the online shopping market in UAE was just around 0.4% of GDP. In 2017 it reaches to the 2.5B and expected to reach by 20B in 2020. This shows how speedily the market is growing and online penetration is over 95% highest in the world. There are over 500 online shopping websites in the region, which includes souq.com which covers 50% of the e commerce in the region. There are many websites which are offering deals and offers to the customers and helping them to save money. There is also good scope in the countries as Saudi, Oman, Qatar, Egypt and Bahrain for online shopping.
Saversuae.com was launched in 2017, with a mission to help online customers to save money with each online order. The website contains over 50 online stores including travel, ecommerce, deals websites and many more. In a short span of 6 months after launching the website crossed over 3000 monthly visitors, which means the website is going popular amongst the online shoppers in the UAE. The website is affiliates to many online companies and listing the verified offers and coupons to their website on regular basis.
According to the owner of the website, they are targeting to reach over 10,000 visitors by the end of 2018. Customers can easily search for Namshi coupon, Tajawal coupon code, Souq Offers & Coupons, Awok deals, Etihad Coupon from the website and they will surely save from 5% to 50% by using these coupons. They are also operating a website for Hongkong marketing and helping users to save money. All the offers and coupons listed on website are testing before listing and this is the only reason that the website has over 85% success ratio.
After the success in UAE, they will be launching the Saudi website by October this year. Saudi is the another biggest market in GCC, where the per capita income is over $21k and internet population is over 60%. There are over 33M people in the country and people love to by online. There is huge potential for online websites as Namshi, Goldenscent, Souq.com, Vipbrands and many more. The economy in the Saudi is expected to grow by 20-25% by 2018 and online shopping will play big role to the countries development.