14 thousands of registered companies conducting more than 19 million transactions on Dubai Trade Portal in 2016

Mr. Bin Sulayem: Reinforces Dubai’s leading position as a global trade hub

Dubai, United Arab Emirates, 21 February 2017:  Dubai Trade, the ‘smart’ window for cross-border trade and a DP World company, has launched an integrated ‘smart’ online platform that connects supply chain stakeholders over a secure network to ensure ease of doing business with the Emirate. 

In 2016, Dubai Trade added “LogiGate” to its portfolio of innovations. It stands as a transportation and warehousing marketplace that enables cargo owners to book competitive haulage and storage services using a smart phone.

In building their own systems and programmes, Dubai Trade is ensuring long-term technological investment that can be applied to new markets and business sectors around the world.

Through such initiatives and with the company’s continued commitment to enabling seamless trade, over 14,000 new companies registered with Dubai Trade in 2016 summing up the total number of companies to 127 thousand using 820 e-Services available on the portal round the clock. The portal also recorded an impressive 19 million transactions during the year, while doubling e-payment transactions on it secured ePayment gateway “Rosoom” to 2.3 million with earnings of 1.4 billion dirhams.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and Chairman of Ports, Customs & Free Zone Corporation, said: “In line with the Smart Dubai initiative, we are committed to pioneering world-class smart services, reinforcing Dubai’s leading position as a global trade hub, making our services more competitive to attract international companies.”

“Online services are no longer limited to payment channels but can offer integrated solutions to enable trade providing business opportunities supported by the latest smart technologies. We are working on exporting our expertise in this area in other countries and markets around the world. Bin Sulayem added”

Eng. Mahmood Al Bastaki, Dubai Trade CEO, said: “Our industry needs more smart platforms to facilitate trade and to promote doing business so we are working on changing the way these are offered. Our capabilities and smart services will also be compatible with other leading international smart platforms and gateways.”

Certified Trade & Logistics Professional (CTLP) programme has witnessed 1400 participants. Dubai Trade also launched the Certified Customs Expert (CCE) programme, which addresses key elements and procedures of customs processes in the region. For the fourth consecutive year, the company was awarded the ‘Training & Education Provider of the Year’ at the 2016 Supply Chain and Transport Awards (SCATA).