DubaiTrade.ae reports 50% jump in transactions in 2008

Over six million transactions were handled through the e-trading site last year

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By  Vineetha Menon Published  February 15, 2009

Official figures reveal that more than six million transactions took place through the Dubai Trade portal – DubaiTrade.ae - in 2008.

This reflects an increase of 50% from 2007 as more members of the trading community embrace direct online dealings with entities such as ports, free zones, customs, etc through the website.

The rise in transactions also coincides with more services being offered including those related to DP World, Economic Zones World and Dubai Customs.

There are now 612 online services available through the Dubai Trade portal, compared to 345 in 2007.

“The impressive rise in the rate of usage of our services is a matter of great pride for Dubai Trade. It gives us immense satisfaction that our efforts to boost electronic transactions have come up with good results,” commented Mahmood Al Bastaki, director of Dubai Trade.

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