United Arab Emirates, January , 2011: Dubai Trade, the premier trade facilitator under Dubai World, signed a Memorandum of Understanding (MoU) with Emirates SkyCargo to create a partnership that will allow Dubai Trade to cater air freight services through its single window portal.The MoU was signed by Jamal Majid Bin Thaniah, Group CEO, Dubai World, & Chairman, Dubai Trade, and Ram Menen, Emirates’ Divisional Senior Vice President Cargo, at a brief ceremony in Jebel Ali.
The MoU proposes allowing users of Dubai Trade’s portal, www.dubaitrade.ae , to directly access the air freight services of Emirates Sky Cargo through the website, while payment for the services is made directly to the cargo service provider.
Jamal Majid Bin Thaniah, Group CEO, Dubai World, & Chairman, Dubai Trade, said:
“This MoU is a well-targetted initiative that will serve as a stepping stone towards the full-scale integration of sea-air cargo movement and, consequently, to further strengthen the competitive advantage of Dubai as the region’s leading trading hub. The supply chain industry as a whole will benefit immensely by this strategic move. We congratulate Emirates Sky Cargo and Dubai Trade on signing a far-reaching MoU and wish them success.”The MoU also opens the doors to future integration of the customer database of Emirates Sky Cargo with Dubai Trade’s user database to enable a more seamless supply chain experience.
Mahmood Al Bastaki, Director, Dubai Trade, said:
“For Dubai Trade it is only a logical step forward to enable our vast community of traders to easily access air cargo services under one roof. Dubai Trade has always played the role of enhancing trade, the most consistent frontline driver of the local economy. We thank Emirates Sky Cargo for placing their trust in our services and we are committed to build on this MoU to achieve total integration of the sea-air supply chain sector.”
The two sides have also discussed other areas of cooperation, to add more value to users of Dubai Trade and Emirates Sky Cargo and to promote each other’s services at key industry events.
Ram Menen, Emirates’ Senior Vice President Cargo, said: “With our network of 109 destinations in 65 countries, Emirates SkyCargo brings thousands of international trade connections to Dubai every year. Our partnership with Dubai Trade will not only provide an easy transport link between UAE based businesses and their existing international customers, but it will potentially create new trade lanes for them.”
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 that integrates the online services of DP World, Economic Zones World, Dubai Customs, and Dubai Multi Commodities Center.