NEWS
GCC consumer confidence out performs that of G8 nations the most positive when it comes to their current and future situation . The overall consumer confidence rate stood at 63 , far higher than the Global Consumer Confidence Index at 52.1 .
Diving deeper into the data , KSA consumer confidence is at 68 , UAE at 62 and Qatar , which only recently restored diplomatic ties with the rest of the GCC , is at 58 .
Consumers in the GCC are among the world ’ s most optimistic when considering a post-COVID future according to the Inaugural Ding Global Prepaid Index ’( GPI ). This bi-annual global study commissioned by Ding , a global mobile
Mark Roden , Founder and Chief Executive , Ding
top-up service , examines the views of 7,000 respondents across KSA , UAE , Qatar , US , UK , France , Brazil , Indonesia and Philippines .
Despite the difficulties imposed by the pandemic , consumers in the Gulf are among
This positivity is also felt towards the economy with 71 % in the GCC stating that they have an optimistic economic outlook and 66 % feeling optimistic about their future work prospects .
Mark Roden , Founder and Chief Executive , Ding , said : “ The GCC ’ s swift response to the COVID-19 pandemic has been in contrast to many other countries around the world and may be reflected in the consumer confidence of the region .”
Vodafone partners with Commercial Bank to offer ‘ buy now pay later ’ instalment plan for any new device
Vodafone Qatar has partnered with Commercial Bank to offer its
‘ Buy Now Pay Later ’ instalment plan that lets customers purchase the latest devices such as smartphones , mobile Wi-Fi devices and accessories and pay later with easy monthly instalments .
Customers who hold a Commercial Bank credit card will be able to purchase the device of their choice with the option to pay back the credit card monthly instalments over three , six or twelve months at 0 % interest rate . Under the instalment plan , the purchase should amount to a minimum of 500 Qatari riyal ( US $ 137 ) per product .
Diego Camberos , Chief Operating Officer , Vodafone Qatar , said : “ Vodafone is always looking for ways to make our products and services more accessible to people as part of our commitment to offer a leading customer experience . We ’ re delighted to partner with Commercial Bank to give many of our joint customers the flexibility to purchase the best devices and accessories from Vodafone on the spot and pay later in affordable instalments .”
Roya Khajeh , AGM and Head of Cards and Payments , Commercial Bank , said : “ As we strive to meet our customers ’ needs and expectations , we are delighted to join hands with Vodafone to provide our cardholders with attractive benefits on their favourite devices .”
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