Presidency of the
Council of Ministers
IDAL partnered with Astrolab and Bader Young Entrepreneurs Program for the “Scaling Online Startups” (SOS) workshop from 5 till 7 July.
The workshop brought together more than 10 companies involved in e-commerce activities. The aim of the partnership is to highlight opportunities in the ICT sector and encourage investments in the sector. E-commerce in Lebanon is presenting significant opportunities for regional businesses and investors as it remains an untapped market with currently around 10% of the Lebanese internet users only shopping online. In 2013, the online market in Lebanon is expected to witness significant growth with the increasing consumers’ trust in online payment systems. Various online payment gateways and initiatives by the Lebanese banking sector such as PayPal and Emall by Bank Audi are expected to boost online sales in the coming months and stimulate the e-commerce market in Lebanon.