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Experts and industry insiders are predicting that the e-commerce sector will expand dramatically throughout the Middle East in 2012. "In the overall e-commerce space, this year is going to big," said Paul Kenny, the founder and chief executive of Cobone.com . "Daily-deals websites have almost forced people to go online and buy. We are converting people online almost every day."


With over 22,500 vouchers sold, resulting in AED 2 million in savings over the last eight weeks alone, Cobone.com has been demonstrating how quickly consumers are adopting online group buying across the Middle East.

Cobone.com, already established around the Middle East as the best online source for daily deals, has broken the record for e-commerce in the region. Cobone’s 90% discount deal at one point clocked a record-breaking 29 sales per minute.