E-commerce in Arab countries ,what is the benefits Article

E-commerce in Arab countries ,what is the benefits - Article Example Relationships among individuals and organisations have been revolutionized by the massive application of information technology. Such massive use of information and communication technologies has resulted to simpler processes, enhanced productivity, increased customer participation, and reduced costs. As a result large numbers of organisations have shifted from the traditional business platform to the online platform of running business. All these factors have greatly influenced the economies of almost all the developed and developing countries over the past few years. The effects are more prominent in case of developing countries like Arab countries. Generally the list of Arab countries includes Algeria, Djibouti, Bahrain, Iraq, Egypt, Lebanon, Kuwait, Jordon, Mauritania, Libyan Arab Jamahiriya, Palestinian Autonomous Territories, Oman, Qatar, Morocco, Saudi Arabia, Syrian Arab Republic, Sudan, United Arab Emirates, Yemen and Tunisia. Economies of all these countries especially Saud i Arabia, United Arab Emirates, Egypt, Oman, Sudan and Kuwait are found to be growing fast. As a result use of internet and other related technologies in these countries has increased over the past year and most importantly this use is expected to increase at a faster rate than it was ever before. This paper focuses on e-commerce activities in Arab countries. The paper also contains the benefits of e-commerce having on the economies of Arab countries. The report includes a brief overview of the main concepts of e-commerce. Commercial activities, as we all know, comprise those that are required to carry out trade between different parties. Generally the exchange of products and/or services is settled as per conditions that are mutually acceptable by the parties and hence the objective of any commercial transaction is to ensure that all the parties