According to Zawya, the increasing shift towards ecommerce is expected to support the Kingdom’s economy recovery. The COVID-19 Response Report (CRR) provides an in-depth analysis of Saudi Arabia’s response to the COVID-19 pandemic, focusing on key data and infographics relating to the country’s socio-economic landscape.
Therefore, licence-holders will find detailed coverage regarding the changes in purchasing behaviour, as more consumers move online to shop, with lockdown driving significant growth in the food and personal care segment of ecommerce. Moreover, the analysis reveals insights regarding the fintech segment, which is growing thanks to the efforts of the Saudi Arabia Monetary Authority (SAMA) that encourages its development and rising demand for innovative solutions.
Some of the examined issues include the steps that financial companies are expected to take to adapt to the industry’s changing landscape, which range from collaborating with fintech enterprises to ensuring they have the necessary technologies in place.
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