Home / / DubaiTrade.ae reports 50% jump in transactions in 2008

DubaiTrade.ae reports 50% jump in transactions in 2008

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

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.

Follow us to get the most comprehensive technology news in UAE delivered fresh from our social media accounts on Facebook, Twitter, Youtube, and listen to our Weekly Podcast. Click here to sign up for our weekly newsletter on curated technology news in the Middle East and Worldwide.

REGISTER NOW | Webinar Event | Security you can bank on – Safeguarding the Middle East’s financial sector

Presented in partnership with security and network specialist Cybereason, the second in the three part webinar series will bring together a panel of experts to discuss how banks and financial institutions are evolving their service offering while simultaneously staying one step ahead of the cyber criminals who seek to bring their operations crashing to the ground.