Page 10 - Moglix PR Report - April 2024

Press Release

Moglix accelerates supply chain growth in Middle East with

advanced B2B eCommerce and procurement solutions

• B2B eCommerce market in the MENA region is forecasted to reach USD 2,293 billion by
2030
• Moglix's end-to-end procurement solutions, with the largest E-catalogue in the UAE and
a growing network of physical warehouses, are strategically positioned to meet the
evolving procurement needs in the region
• Moglix aims to further cement its position in the UAE market to capitalize on the
projected surge in the country’s eCommerce sector.

Dubai, April 18, 2024:

Moglix, a global leader in the B2B eCommerce and procurement sector, is spearheading digital

transformation in the Middle East and GCC region by accelerating procurement and supply chain
efficiency through its tech-first approach. Moglix’s offerings drive efficiency in procurement

management, as well as enabling cost reduction and seamless supply chain operations for the
manufacturing sector.

In line with its steadfast commitment to delivering unparalleled customer satisfaction, Moglix’s
comprehensive innovative solutions of over 40 product categories are tailored to meet the

evolving needs of businesses amidst the rapid expansion of the B2B eCommerce and
procurement sector in the UAE.

Projections indicate significant growth in the B2B eCommerce market, with the MENA region

expected to reach USD 2,293 billion by 2030. Additionally, the UAE’s eCommerce market is set

to surge from USD 5.5 billion in 2024 to an astonishing USD 8 billion by 2026, making it an
incredibly lucrative market for Moglix to further expand its operations and establish a strong