The Financial Tech Magazine

Dubai, UAE — ( ARAB NEWSWIRE ) — TGM Research, a reputed data and insights company, has just concluded the world's largest Ramadan consumer survey. As per the findings of this survey, 74% of Muslims will observe Ramadan as usual this year, after hiatus of two years because of the pandemic.     A festival of reflection and introspection, Ramadan is observed by almost two billion people around the world. Daily fasting, connecting with family and friends, shopping, and gifting are significant parts of Ramadan. To better understand the consumer behaviours for this festivity, TGM Research has just revealed the findings of its Ramadan International Survey 2022. The survey indicates that 74% of Muslims will be back to celebrating Ramadan just like they did before the Covid-19 pandemic and are likely to spend more compared to the last two years. The just-concluded study by TGM Research is the world's largest Ramadan consumer survey with a total sample size of 9878 spread across 18 coun

من المتوقع أن يكون طلب المستهلكين قوياً على خلفية القيود المحدودة والاقتصاد المتعافي وزيادة الحماس للتبضع الإلكتروني خلال شهر رمضان. إذ من المتوقع أن تزيد مبيعات التجزئة عبر الإنترنت في المملكة العربية السعودية بنسبة 25٪ لتتجاوز 2 مليار دولار خلال شهر رمضان هذا العام وفقًا لتقرير صادرعن RedSeer  بالشراكة مع TikTok .   ( ARAB NEWSWIRE ) ، الرياض - يعد شهر رمضان حدثًا مهمًا لتجار التجزئة في المملكة العربية السعودية ، حيث من المتوقع أن تتجاوز مبيعات التجزئة عبر الإنترنت حوالي 2 مليار دولار هذا العام أو ثلث إجمالي المبيعات المتوقعة في منطقة الشرق الأوسط وشمال إفريقيا، وفقًا لأحدث تقرير بعنوان " Unwrapping Ramadan 2022 – Decoding the Upcoming Sales Extravaganza " بواسطة Redseer   بالشراكة مع TikTok . حماس المستهلك ين لشهر رمضان في أعلى مستوياته في عام 2020 ، تأثرت فترة رمضان بالقيود حول التجمعات التي خففت من حماس المستهلكين ، خاصة وأن شهر رمضان هو فترة التفاعلات المجتمعية والعائلية. وقد أدى هذا من الجانب الاقتصادي بانخفاض النمو في عام 2020. ومع ذلك، فقد شهدنا انتعاشًا قويًا لل

Consumer demand is expected to be strong on the back of limited restrictions, stronger economy, and higher enthusiasm during Ramadan. Online retail sales in KSA is expected to increase by 25% to cross $2bn during Ramadan this year accordingly to a report by Redseer in partnership with TikTok. Riyadh –  ( ARAB NEWSWIRE ) -- Ramadan is a crucial event for retailers in KSA, with online retail sales expected to cross ~$2Bn this year or one-third of the total expected MENA sales, according to the latest report "Unwrapping Ramadan 2022 – Decoding the Upcoming Sales Extravaganza"  by Redseer in partnership with TikTok. Consumer enthusiasm for Ramadan at an all-time high In 2020, the Ramadan period was impacted by restrictions around gatherings which muted consumer enthusiasm, especially as Ramadan is the period of heightened community interactions. This coupled with an uncertain economy resulted in low growth in 2020. However, we saw a strong rebound of growth in 2021, and 2022 prom

DUBAI, UAE – ( ARAB NEWSWIRE ) - Accely , a global SAP Gold Partner connected with Tamer Hamed, CIO, Ducab , a power pioneer, to automate its operations and comply with the technologically advanced SAP EHS solution. In the last two decades, Nilesh Shah, CEO, Accely, and his team have empowered businesses across industries worldwide with automated SAP solutions . "It is an immensely great pleasure for Accely to be associated with Ducab, to facilitate the right SAP solution, and strengthen Ducab's system performance. With this SAP solution, it can cope at a faster pace with the changing EHS regulations for the power industry and meet diverse customer demands," said Nilesh Shah. There is an unexpected surge in demand for energy, and Ducab, a leading power firm, realized that this might lead to a decline in energy deliverables. For that reason, the company wanted an intelligent solution that could assist it in automating activities and managing them effectively. Accely'

LigaData appointed to provide Data Analytics for Ooredoo Kuwait – announcement made at Mobile World Congress 2022 in Barcelona . LigaData and Ooredoo Kuwait Palo Alto, California -- ( ARAB NEWSWIRE ) --   Ooredoo Kuwait has appointed data analytics specialists LigaData to support data-driven digital transformation projects. The organizations announced their collaboration at the largest telecommunications conference in the world - Mobile World Congress in Barcelona. Ooredoo Kuwait provides mobile, broadband internet and corporate managed services and is part of the Ooredoo Group which operates in 12 markets worldwide. The partnership between Ooredoo Kuwait and LigaData reinforces Ooredoo's commitment to their vision of empowering Kuwait's society by driving digital transformation and enrich people's digital lives. By enhancing the organization's data management infrastructure, customers will experience an even greater service. Silicon Valley based LigaData has success