Sharjah has one of the most diversified economies in the UAE, with a strong foundation in industry and manufacturing. Approximately 95.8% of its economic activity was derived from non-oil sectors in 2019, positioning the emirate to absorb much of the impact of the Covid-19 pandemic.
In Qatar, retailers that have successfully weathered the Covid-19 pandemic are now committed to a blended, omnichannel distribution strategy, which involves boosting and expanding their digital offerings while at the same time maintaining a brick-and-mortar footprint.
Mirroring global trends, the coronavirus pandemic led to a rapid increase in online payment activity in Latin America over the course of 2020, turning the region into one of the fastest-growing e-commerce markets in the world.
The Philippines is one of the world’s fastest-growing nations. Although economic activity slowed during the 2020 Covid-19 pandemic period, stimulus measures, imminent public sector policies and a larger budget are expected to create jobs, generate growth and help kick-start the country’s recovery during 2021.
As has been the case worldwide, in the first half of 2020 Papua New Guinea’s retail sector had to contend with the impact of the Covid-19 pandemic. In early February the government began imposing measures to limit the spread of the virus, while simultaneously introducing significant macroeconomic initiatives to support the economy and cushion...
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