Online revenues set to soar

Online ad spend growing at 37 per cent per year.
News, Broadcast Business


 Online advertising in MENA is reportedly growing at a rate of 37 per cent per year, and should hit $2.8bn in 2016 as the region plays 'catch up' with other world markets, claim the organisers of the Arabnet Digital Summit.

"We are living in times when the ones who fail to keep up pace will stand to lose business. It's the law of the survival of the fastest," says Omar Christidis, founder and CEO of ArabNet. "That's why we are gathering industry leaders and digital experts to discuss these critical issues during the ArabNet Digital Summit 2013 on June 24-26 at Atlantis, The Palm, in Dubai."


Image via Shutterstock.


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