Tejari launches Oman operations

The on-line marketplace aims to bring increased transparency and enhanced efficiency to the Sultanate’s public and private sectors.

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By  Sarah Gain Published  September 4, 2005

Tejari, the Middle East’s leading online marketplace has announced a partnership with Omania E-Commerce, an associate of OmanTel, to deliver the benefits of electronic procurement to Oman. The new franchise, Tejari Oman, will enable both government departments and private organisations to source goods and services through the on-line trading hub, enhancing transparency and lowering the costs associated with paper-based procurement processes. Coming at a time when Omani officials hope to finalise a pending Free Trade Agreement (FTA) with the United States, the launch of Tejari Oman will complement the Sultanate’s ongoing efforts to enhance trade liberalisation as well as e-government practices. “The timing of Tejari Oman is ideal given the demand for increased transparency in trade from both the public and private sectors,” says Tariq Al Amri, vice president of OmanTel and chairman of the new venture. “Tejari Oman will contribute significantly to Oman’s e-government initiatives while enabling its members to cut the time and costs traditionally associated with the procurement function.” Tejari Oman’s immediate objectives, following the opening of its offices, will be to open discussions with key stakeholders in the community such as procurement managers from Oman’s major industries and ministry officials. Some of the early adopters of Tejari Oman’s electronic procurement services are likely to be the aviation, telecoms and energy sectors. “There is already a considerable amount of understanding in this market about the advantages of trading online — Oman’s largest organisations have been anticipating the launch of Tejari here, given our close ties to the other GCC countries where Tejari operates — so we expect a rapid adoption of the new marketplace,” Al Amri adds. The partnership was finalised during a meeting between OmanTel’s Al Amri and Tejari’s recently appointed CEO, Omar Hijazi. It is expected the venture will be fully operational by late 2005. “In direct response to customer feedback, regional and international expansion are among my core objectives for the next twelve months. Bringing Oman into the Tejari network of operations complements our existing offices in the GCC and Levant while providing new trading opportunities for our members,” Hijazi comments.

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