Dubai Trade reports significant transactional growth in 2015

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DUBAI / Emirates Business

Dubai Trade, the premier cross-border trade facilitator, has revealed substantial growth in the number of companies registered and the value of transactions carried out in 2015.
There were 113,354 companies registered with Dubai Trade, with over 19.5 million transactions during the year, 5 percent up on 2014. Dubai Trade’s secured ePayment gateway “Rosoom” recorded 1.1million transactions amounting to AED 1.2billon.
In line with its vision to enable seamless trade, Rosoom has adopted the second generation of the e-dirham system as an additional payment mode, adding to its security and flexibility. Through its portal, Dubai Trade is also offering access to more than 820 integrated electronic services covering a wide range of services from manifest and cargo handling through to invoicing and paymentsfor different users including traders, shipping lines, forwarding agents, hauliers and Free Zone licencees.
HE Jamal Majid Bin Thaniah, Chairman of Dubai Trade, said, “Consistency and commitment have always been part of our success. We have adopted the most innovative technologies to stay ahead in the world of trade and be ready for any new challenge.
Our courses and programmes have also encouraged the sharing of our expertise reinforcing Dubai’s position as a vital trade hub and business leader.”
Dubai Trade provides high-quality training programs to support the trade and logistics community as well as portal users. It was voted the “Training and Education Provider of the Year” at the Supply Chain and Transport Awards (SCATA) 2015 for the third consecutive year as well as being internationally accredited by the Chartered Institute of Logistics & Transport. In 2015, 132 e-Services training sessions were carried out with 1,532 candidates. More than 260 individualswere also officially certified by attending The Certified Trade and Logistics Professional (CTLP) program. The year also witnessed the launch of the Certified Customs Broker (CCB), a professional course that provides an insight into customs laws and regulations in the region. Five sessions have been held with 65 graduates.

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