The CEO of the “Homeys” digital commerce platform, Sadiq Abdul-Rasoul, called on retailers in the Kingdom of Bahrain to expand further into the Arabian Gulf markets, to take advantage of the huge growth opportunities offered by these markets on the one hand, and to take advantage of e-commerce tools and techniques in promoting and selling their products and services in those markets through On the other hand.
During his participation in the “Retail Me” summit hosted by the Emirate of Dubai, alongside a number of CEOs of major retail companies, owners and managers of digital platforms, Abdul Rasoul said that despite the small size of Bahrain’s market compared to major neighboring markets, its merchants and retail companies have There are many potentials that must be activated, especially with the presence of government support programs under the slogan “Made in Bahrain”, the program for e-commerce pioneers abroad, and others.
He specifically referred to the great growth potential offered by the field of e-commerce in Bahrain, and said: “One of the prominent indicators of the development of e-commerce in Bahrain is the arrival of more than 3.2 million sales and e-commerce operations in the Kingdom of Bahrain for the last week of June, with a total value of It exceeded 71 million dinars, according to e-government statistics.
During this session, he talked regarding the development of the financial digital payments system in Bahrain, in addition to the great strides made by the Kingdom in terms of providing an incubating environment for experimenting with digital currencies.
