Companies banking with DIB can benefit from real-time payment for services they access on Dubai Trade Portal
Dubai, United Arab Emirates, - Sunday, June 12th 2011 [ME NewsWire]
Dubai Trade, the premier trade facilitator under Dubai World, and Dubai Islamic Bank (DIB), the world’s first fully-fledged Islamic bank have signed an agreement to integrate the banks’ Direct Debit Services with the portal’s e-payment gateway Rosoom.
The partnership will enable supply chain companies using Dubai Trade portal www.dubaitrade.ae to access their DIB accounts online and execute monetary transactions seamlessly.
The agreement was signed by Mahmood Al Bastaki, Director, Dubai trade, and Musabbah Al Qaizi, Head of Electronic Banking, DIB.
Rosoom, the e-payment gateway for the online services of DP World, Jafza and Dubai Multi Commodities Centre (DMCC), serves importers, exporters, freight forwarders, clearing agents and hauliers as a single window for all trade related transactions. Rosoom offers Dubai Trade customers secure multiple payment methods to settle their bills and save on time, effort and cost.
Mahmood Al Bastaki, Director, Dubai Trade, said:
“Dubai Trade is honoured to enter into this partnership with a reputable financial institution like Dubai Islamic Bank. This initiative will further empower our vast trading community with innovative new tools to conduct their businesses in a secure environment. It is part of Dubai Trade’s commitment to bring added value to its supply chain e-services that have already won praise for sharpening the competitive edge of the business sector in the UAE.”
Musabbah Al Qaizi, Head of Electronic Banking, DIB, said:
“Dubai Trade has a remarkable track record of supporting Dubai’s trading industry through technology. For Dubai Islamic Bank, the integration of our banking facilities with Dubai Trade is a natural extension of our desire to serve the customers better. We are happy to play a role in Dubai Trade’s efforts to promote e-commerce in line with Dubai Government’s policies.”
Through its sophisticated network customised for e-transaction Dubai Trade has set a benchmark for technology-driven excellence in trading.
Dubai Trade Portal, www.dubaitrade.ae, offers a remarkably seamless business flow and has proven to be cost effective for clients using it as the single window for the online services of DP World, Economic Zones World, Dubai Customs, and Dubai Multi Commodities Center.
-ENDS-
About Dubai Trade
Dubai Trade has taken the responsibility of facilitating the trade and logistics operations in Dubai in an unparalleled effort to become the world’s best practice model and present Dubai as the number one choice for doing business across the globe.
Backed by the power and massive global presence of its mother company Dubai World, Dubai Trade’s body is formed of the major stakeholders in the trade and logistics operations.
Dubai Trade Portal is Dubai Trade’s single sign on, single window channel to the online services of DP World, Dubai Customs, Economic Zones World, JAFZA and DMCC, providing streamlined flow of services designed around customer needs and targeted at customer satisfaction.
Dubai Trade’s strive for service and business excellence is second to none and its customer centric strategy is the core value of everyday’s operation, a value that you will feel in each and every service you access in the portal.
With the growth pace of Dubai as a driver and the sky as a limit, Dubai Trade Portal will always be on a fast-moving path towards achieving Dubai Trade’s vision to ‘Transform the end-to-end trade supply chain and establish Dubai as the leading trading & logistics hub of the world’.
www.dubaitrade.ae
Photo Caption: Mahmood Al Bastaki, Director, Dubai trade, and Musabbah Al Qaizi, Head of Electronic Banking, DIB signing the agreement integrate DIB with Rosoom e-payment gateway.
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