At least 43 per cent of surveyed UAE consumers are shopping less in stores despite an easing of restrictions across the country.
That's according to a survey conducted by Dubai Police, Dubai Economy and Visa as part of the ‘Stay Secure’ campaign designed to raise awareness about online safety.
The study showed that ecommerce sites that allow and display customer reviews, seamless refunds and a variety of payment options performed better in building high levels of consumer trust.
It also reported an uptick in consumer trust online, which comes after an earlier survey from the same campaign revealed that four in 10 consumers experienced online fraud in the past year.
According to the new stats, more than a third (37 per cent) of UAE consumers would rather switch retailers or shop on another site (35 per cent) than wait if there were delays in completing their online purchase.
Furthermore, almost one in two consumers abandon their shopping cart if they experience a delay or authentication error.
A majority (57 per cent) are also more open to store their card information on merchant sites if this helps to improve or speed up their shopping experience.
The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.
World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.
The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.
Dubai Electricity and Water Authority (DEWA) has announced that it will adopt the cubic metre as the standard unit for measuring water consumption starting from the March 2025 billing cycle.
The UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, has said negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan will be completed before the end of 2025.