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Dubai Chamber promotes e-commerce in UAE

As part of its efforts to strengthen cooperation ties with other chambers of commerce in the country, the Dubai Chamber of Commerce and Industry called upon the representatives of UAE chambers to jointly promote e-commerce and join its initiative of the new online portal.

The portal was recently launched by the Chamber in collaboration with the leading global e-portal alibaba.com. The meeting was presided over by Atiq Juma Nasib, senior director of the commercial services sector, Dubai Chamber, who informed the delegates about the online e-commerce platform, which he said will support their members to market themselves internationally and to reach a global client base with ease.

Stressing on the importance of an e-commerce platform in today’s business scenario, Nasib urged the UAE chambers to join the fruitful partnership, as he said that the concept of trading online has led to a new era in global trade and those adopting this portal will benefit immensely in the long run. He informed that the UAE accounts for about 60 per cent of the share of e-commerce in the region, occupies first position in the Middle East and North Africa (Mena) region, and is ranked 25th on A.T. Kearney’s global retail e-commerce index.

Nasib also added that Dubai Chamber’s online portal is one of the fastest in the UAE and the region, which gives an edge to Dubai in the area of e-commerce alongside the emirate’s world-class trade, transport and logistical facilities, which help in shipping goods at a low cost to international markets.

Dr Belaid Rettab, senior director of the economic research and sustainable business development sector, Dubai Chamber, said that the online platform, alibaba.com opens the doors of opportunities for UAE companies to explore the business potential of different markets and allows them to display and sell their goods and services to global companies.

Dr. Rettab also stressed that the Chamber has succeeded in subsidising by 50 per cent the trusted membership fees for Dubai Chamber members as well as the members of all UAE chambers wanting to benefit from joining the online portal. He added that the trusted membership is an accredited digital certificate issued by Dubai Chamber in partnership with their respective Chambers to confirm to customers, suppliers and vendors that the company has established a reputable name in the market.

The certificate will be uploaded on the company’s e-profile as this enhances company’s reputation, increases its exposure and visibility to quality buyers, which in turn will boost its sales growth and reduce transaction costs.

A Dubai Chamber presentation provided a comprehensive and detailed account of the initiative to the representatives of the UAE chambers of commerce. Representatives of the UAE Chambers praised the Dubai Chamber’s efforts in launching the e-commerce portal to support regional businesses while promoting their products on a global level by providing them the facility of developing a free of charge e-catalogue for their products.

— business@khaleejtimes.com