• HSBC

Tejari and Dubai Chamber join forces to promote Dubai as global trading hub

  • United Arab Emirates: Wednesday, June 18 - 2008 at 08:16
  • PRESS RELEASE

Tejari, the leading online B2B marketplace for emerging markets, has signed a Memorandum of Understanding (MoU) with the Dubai Chamber of Commerce & Industry to bolster Dubai as the gateway and information hub of global trade.

This strategic agreement will see the development of a custom-made e-commerce portal that is designed to facilitate online trade between registered companies in the Dubai Chamber and a comprehensive network of international businesses across the globe.

Under this agreement, Tejari and Dubai Chamber will develop an exclusive B2B matchmaking service which will bring together business opportunities of all types between Dubai Chamber members and the global business community, through both innovative online and established delegation services.

HE Eng Hamad Buamim, Director General, Dubai Chamber of Commerce & Industry said: "This move serves our vision of establishing Dubai as the gateway and information hub of global trade, by enhancing its competitive standing in the international business arena."

He added: "At Dubai Chamber it's our top priority to provide excellent services to all our stakeholders and this Strategic Co-operation Agreement with Tejari will enable businesses to better leverage e-procurement as a source of competitive advantage for Dubai. Through the use of advanced e-commerce technologies the local business community will be able to forge trade and investment relations with the rest of the world."

CEO of Tejari, Omar Hijazi said:

"This is a potent matchup between the two most powerful business facilitators of Dubai. By combining the online trading platform of Tejari with the business promotion platform of the Dubai Chamber, we have created an unbeatable capability to secure Dubai as a vital meeting point for international trade."


Hijazi added: "Through our dedicated e-ready training programmes, Tejari will ensure that all Dubai Chamber members have the necessary electronic commerce skills required to conduct international trading proficiently online, further boosting the Emirates' business community on a global level."

The strategic partnership is anticipated to significantly boost trade for Dubai, enabling the local business community to forge business, trade and investment relations with the rest of the world, whilst specialist online membership packages will be developed to allow overseas companies, not established in Dubai, to join the Chamber as e-members, providing them with direct access to Tejari's existing 180,000 member network.

As part of the joint venture, the custom-built online portal will enable members of the portal to showcase their companies in virtual showrooms, display their product catalogues, post trade leads, exchange e-business cards and send inquiries about trade opportunities and dialogue through a sophisticated messaging centre. Tejari will also offer community members e-readiness training specifically designed to provide members with the support they need to become 'e-ready'.

This, along with guidelines service to SMEs, including policy information on Dubai trade and procurement market research reports, will assist community members in making the most out of the custom-built online marketplace.

Tejari, the leading online B2B marketplace for emerging markets embodies the innovative spirit of Dubai. The company, launched by the Government of Dubai, is one of the most successful units of Dubai World, a holding company that is responsible for much of the emirate's phenomenal economic growth. The online trading portal helps facilitate trade between companies and geographies through the largest buyer network in the Middle East thereby ensuring that more and more businesses in the UAE and emerging markets are becoming "e-ready".
Left to right: Omar Hijazi, CEO of Tejari and HE Eng Hamad Buamim, Director General, Dubai Chamber of Commerce & Industry. 
Left to right: Omar Hijazi, CEO of Tejari and HE Eng Hamad Buamim, Director General, Dubai Chamber of Commerce & Industry.
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About Tejari
Tejari is one of the leading B2B online marketplaces in the emerging markets. Tejari enables buyers and sellers to transact and share information about a variety of goods and services via a secured Internet environment. Tejari provides a single point of contact for an open and growing community of buyers and suppliers, permitting spot-purchasing and on-line auctions that enable participants' real-time access to new markets and greater cost savings. Visit Tejari at www.tejari.com

About Dubai Chamber:
Established in 1965, the Dubai Chamber of Commerce & Industry is a private non-profit organization, whose mission is to represent, support and protect the interests of the business community in Dubai, by creating a favorable business environment; supporting the development of business; and by promoting Dubai as an international business hub.


For further information, please contact:
Tejari
Howaida Rabee
Events and Public Relations Manager
Tel: +971 4 391 3777

Hill and Knowlton
Rania Helmy
Account Manager
Tel: +971 4 3344930

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