Dubai Trade records 19m transactions

dubai — Dubai Trade on Tuesday said it recorded an impressive 19 million transactions during 2016 while doubling e-payment transactions on the portal’s secured ePayment gateway ‘Rosoom’ to 2.3 million with earnings of Dh1.4 billion.

In a statement, the ‘smart’ window for cross-border trade and a DP World company said 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.

“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,” Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and Chairman of Ports, Customs & Free Zone Corporation, said.

— business@khaleejtimes.com