Middle East Ecommerce Surges As Digital Payments Rise

Middle East Ecommerce Surges As Digital Payments Rise

Checkout.com's latest report reveals a high-growth phase for the e-commerce market in the Middle East and North Africa (MENA). 91% of consumers are frequent online shoppers, with a significant preference for digital payments. The rise of Buy Now, Pay Later (BNPL) and social commerce is also evident. Merchants need to keep pace with these trends and innovate their products and services to seize opportunities and succeed in the market.

Commerce Control List Key to US Export Compliance

Commerce Control List Key to US Export Compliance

This article outlines the significance of the Commercial Control List (CCL) in U.S. export compliance, emphasizing its functions, classification system, and impact on international business transactions. It suggests that companies should prioritize the CCL to mitigate risks and promote global trade.

Bank of Commerce and Development SWIFTBIC Code Explained

Bank of Commerce and Development SWIFTBIC Code Explained

This article presents the SWIFT/BIC code CDBLLYLT011 for BANK OF COMMERCE AND DEVELOPMENT (L.J.S.C.), highlighting the importance of using the correct code in international remittances. It also includes the bank's specific address and methods for verifying the accuracy of the code, aiming to enhance the security and efficiency of fund transfers.