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Essay / The Impact of Technology on the UAE Economy years. . Brands like Visa and MasterCard have gained the greatest importance for this reason, which reveals the fact that more than 50% of people around the world purchase various products and services. The UAE has always been a very important market for consumers around the world (Kessler, 2003). Various factors have influenced the growth of the UAE in recent years. The UAE is a free port and rich in oil and gas resources. This made the country economically strong and allowed it to consolidate its position in all sectors. The UAE has not limited its activities to trade, but has diversified its economic portfolio by opening several shopping centers and outlets. They have become an important source of income for their citizens and a favored destination for shopping enthusiasts. The impact of technology on the UAE Economy The alternatives available for shopping in the UAE are limitless and one of the main factors that have contributed to the growth of shopping in the Middle Eastern giant has been e-commerce. There has been huge growth in internet shopping in the UAE and this reflects the convenience demonstrated by the implementation of this trend across the region. The constant growth and development of science and technology has helped businesses provide products and services online and helps customers make purchases with just one click. The importance of e-commerce in the UAE has certainly added more spice to the country's already thriving economy. UNITED ARAB EMIRATES. The use of online shopping and car credit... middle of paper ......Language but such changes in the chosen language will increase the use of e-commerce among traditional merchants and consumersConclusionThe main reason behind the fact that why E-commerce technology has gained popularity in the UAE because it allows various businesses to effectively converse with each other with the aim of carrying out business transactions with each other, anytime and anywhere. It doesn't matter whether a person lives in the UAE or anywhere else in the world, he or she can efficiently and successfully carry out their business transactions with another person easily and quickly with the help of e-commerce technology. Basically, e-commerce technology facilitates and enables users to eradicate geophysical barriers, with the aim of turning customers and businesses into potential customers and suppliers..
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