Dubai Chamber launches online business portal in collaboration with the "commercial"

  
  
Yesterday launched a new portal Web DubaiBizMatch.com platform for electronic commerce between companies aimed at facilitating trade through the Internet between companies registered at Dubai Chamber of hand, and a broad network of international companies in various parts of the world on the other hand, during a press conference held yesterday at the Monarch Hotel in Dubai. The new portal has been developed by Tejari, the leading e-commerce market in the Middle East, in cooperation with the Chamber of Commerce and Industry. And serve the gate is in the process of connectivity and communication among more than 200 thousand a global leader. 
  
  
  This has been the launch of the portal signed a memorandum of understanding on the portal between the Chamber of Commerce and Industry Dubai, Tejari in June of this year. It is expected that new website DubaiBizMatch.com which is the first of its kind in the region, to promote direct communication between the commercial parties involved and facilitate the selection of transactions and business processes, and contribute to the provision of services that help build bridges of cooperation between the companies which would strong trade ties shared between the companies, in addition to providing services to visiting trade delegations to Dubai. It is expected to contribute to the new gateway in enhancing trade in Dubai and increase the chances of opening channels of communication will enable commercial business community to establish working relationships, trade and investment ties with various companies throughout the world. 
  
  
HE Engineer Hamad Buamim, Director General of Dubai Chamber of Commerce and Industry in his speech during the press conference, that to create a conducive environment for business in Dubai is in the list of strategic objectives of the room. He stressed that the web site DubaiBizMatch.com an essential part of the future vision for trade and business in Dubai. He stressed that the Chamber put the interests of its members at the forefront of their concerns and work hard to provide value-added services to the business community. 
  
  
Buamim said: "The launch of the Business Portal is a clear evidence of the pioneering role of Dubai Chamber in strengthening Dubai's position as a trading hub, providing an ideal platform for the business community in Dubai, and offers an innovative approach in trade and business is unique commensurate with the status achieved by the business community in Dubai ". 
  
  
He added: "It would open the gate of trade, designed in cooperation with the commercial door for business opportunities hallmark of our members, and enhance the competitiveness of Dubai in the global markets by facilitating the arrival of members of Dubai Chamber to extensive global markets, and cement Dubai's position as an information center and global trade through the creation of a liaison between the community business in the emirate and the international business community. " 
  
  
The site DubaiBizMatch.com virtual platform to link the business opportunities in Dubai with the needs of the global business community. With active members representing more than 45 by industry, the portal allows companies to do various purchases and sales and communication. The gateway also provides essential services, conciliation between companies, such as retinal display rooms that offer products and services, and reports and analyzes market research that indicates market trends. Portal also provides users the confidence of electronic signs holds a patent innovation to ensure the secure exchange, and a network of distinguished relations of companies with common interest, and opportunities to apply for tenders and other business processes interactive. 
  
  
For his part, said Omar Hijazi, CEO of Tejari, the leading e-commerce market in the Middle East: "The DubaiBizMatch.com result of the cooperation and coordination among the strongest parties in the area of specialized facilities business in Dubai. It is through the integration of trading platform networking company with a platform to promote trade Dubai Chamber of trade, we have put an enormous potential is distinct from that work effectively to enhance the status of Dubai as a focal point important in international trade. " 
  
  
Hijazi said: "An increasing number of businesses which open and doing business in developing markets dramatically, with thriving variety of industries and sectors in terms of performance and size. This imposes a need to offer the latest platforms with respect to trade channels and procedures, and in a competitive and effective in terms of time. This portal will enhance the levels of e-readiness in Dubai by attracting the global community and more rounded towards the emirate. " 
  
  
Thanks to a distinct set of "Calling" provided by the site DubaiBizMatch.com, we can say that it is designed to strengthen the commercial presence of actual and personal interaction between buyers and sellers. To achieve this, was to provide two sets of two new direct trade program (TDP), and the Export Promotion Program (EPP), which provides each of them a number of sales opportunities secured and procedures that comply with the standards of companies. Will also establish a procedure for the gateway to business meetings with buyers, accredited, and to ensure inclusion in the annual directory of suppliers for the site DubaiBizMatch.com. 
  
  
And both the Chamber of Commerce and Industry Foundation, a commercial promising to achieve the vision of the Emirate of Dubai by converting it into an electronic trading environment. Consistent with the future of Dubai's economy revived, the portal DubaiBizMatch.com regarded as a tool to promote trade in the region and the world economy, and to demonstrate the eligibility of Dubai as one of the fastest-growing commercial hubs and the most attractive business and investment.

Trade through the Internet does not help the growth of sales figures

For many business leaders are disappointed with the growth of sales through the Internet, the web clients that they are traitors and are not willing to spend. But that is attributable to that managers do not exploit it more value to customers, which is involved. 

Our research shows that shoppers who want to buy cars online want to get information about cars, but they also wanted to gain knowledge about other topics such as tourism, sports, clothing, and finance. Perhaps the online shoppers and those looking for custom clothing for the rich, they want to obtain information about the arts, or even business. 

The majority of companies to define their positions to provide little information about the products or services offered for sale. In fact, tell us the majority of managers we spoke with them in our global because they believe that the existence of a wide range of information leads to divert attention from the basic presentations. 

But we found that this information helps customers search for solutions, and invites them to think about all the ways in which the basic products that add value to their lives, and win their loyalty and entice them to buy. In fact, we found that the exploitation of consumer willingness to participate is directed only to estimate the dominant contributor to the Top e-commerce companies. 

And ensure our analytical account of more than 1700 specialist e-commerce site, as well as interviews with 238 clients, and 112 managers in the United States, Europe, and Asia over the past four years. He felt 57 per cent of managers disappointed by sales growth in their businesses over the Internet, while I had only 17 per cent of managers plan to change their websites to improve sales in a sign that they do not know how to begin to turn the tide. I think most of them that the price is the only important way to attract customers via the Internet. 

We recorded the locations on the five practices, which he said customers are most important for them, and found that the final rating is the highest in these practices is linked to the larger values of the company as measured by Tobin's Q ratio, the ratio of market value to replacement value of the asset. In addition, shares more than 25 companies with the highest-rated sites, the benchmark S & P 500 by two percentage points, on an annual basis, from 2003 to 2006. 

Four of the practices are increasingly common and expected by customers, and without them, the sites can not hope to keep buyers for a long time. These four practices are: specially designed shopping, the classification is clear, follow the order, and in-depth information on the product or service. 

The practice of the Fifth, the involvement of customers through the provision of information about the products and related services, which constitutes the most important opportunity. And the highest ranking for this practice is the strongest indicator of the proportion of Tobin in the company, and then come to categorize any of the other four practices. Have made the top 25 best performing companies in terms of customer engagement and exceeded the S & P 500 by more than 12 percentage points, on an annual basis, during the period. About 23 per cent of the sites in the sample used the practice of making customers. 

The e-commerce site for the company Ralph Lauren is a good example of how to engage customers. Through the magazine, Ralph Lauren, "a luxurious lifestyle," published by the company over the Internet, you are inviting customers to return again on a regular basis to the site for the fashion, art, sports, health and diets, and business - which makes it easy to hold and to link the brand beyond product Statute. The performance reflects the success of the company's e-commerce site: where the proportion of the company's Tobin from 1.6 in 2003 to 2.6 in 2006, and its share price has increased more than three times from 2003 to 2007. 

One very effective way in which the company can start to know the concerns of Zbaitha is to present an extensive list of places to site visitors, and demand them to vote on topics that appeal to them. The firm can use these responses to help develop a decision on what their attributes, such as wealth, attractiveness, and exclusive, for example, that you want to attach to customer brand. 

The next step is to provide supplementary information that will help customers link to do so, using a Porsche, for example, the company to provide e-adventure trips and tourist information, thus enhancing the brand image, which revolve around passion and high performance. 

* Andreas me. Aizenjerech, an assistant professor in the Faculty of Tanaka Business at the University of Imperial College, and Research Fellow at the Center for Global Innovation Marshall School of Business at the University of Southern California in Los Angeles. And Tobias Kretschmer, Professor of Management at Deutsche Telikun, the Director of the Institute of Economics in the Faculty of Communication of the Department in Munich Ludwig Maximilian University in Germany).

Commercial activity over the Internet

The expert says Jill Iilort: is the commercial use of the Internet one of the topics hot debate and activity and rapid growth, the debate in the lists of all web sites talk about the rapid growth of commercial use. The trade components of the most growing sectors on the network in an era of global communication. At the outset, the Internet has grown (InterNet) slowly but with the passage of time, the Internet has expanded to include more than 45 thousand local network in more than 200 countries. There are about 30 million people have some kind of communication to the Internet. In general, the Internet include individuals, groups, organizations, schools, universities and commercial services, companies and governments as well as networks free. The statistics are usually estimated from the Internet in order to change and the ongoing increase in the numbers. There are a number of indicators and statistics of concern, including: - an estimated growth of the Internet, including nearly 10% per month. - The growth of the commercial sector is growing at a rate of between 10% and 13% per month. The increasing commercial use of the Internet, where grow the commercial sector of the Internet, at this time, faster than any other sector. The range of projects and business major powers used for the Internet. There are strong commercial users of the Internet for a wide range of industries, including manufacturers of advanced technology and industries related to computer automation, oil companies and pharmaceutical companies and pharmaceutical, industries ranked health care, financial services and banking. The increased intensity of use of the Internet by some of these companies by up to 90% of the first quarter of 1995. The industry giants are not the only users of the Internet, but also used by many small companies and individual investors for the cost of easy through commercial distributors. There is no need for surprise, and the intensity of commercial activity on the Internet, a few years ago, these questions appear on the Internet itself, such as: Can we practice our business on the Internet?! Or is there a commercial activity on the Internet?! And now there are hundreds or thousands of sites on the Internet has the name of Al-Majali. It was found many businesses use the Internet to meet a large number of needs, including marketing and guide vendors and investors and to promote information exchange and joint projects of research and development, as well as companies can help the Internet, to develop and prepare new products, and receive purchase orders and electronic documents, and retrieve data from specialized databases. In addition, businesses can find technical advice, and to establish and maintain a business relationship and get market surveys, and the complexity of good deals, and identifies areas of expertise and competencies that you need, but the companies can sell their products directly. Become Affairs Plug and administrative facilities in recent times and, increasingly, a crucial factor in the impact of issues related to production and customer service in any commercial activity. The ability to maintain the competitive position depends on the possibility to obtain the latest information about the market, which deals with, as well as learn about the latest technologies in the field of industries. Knowledge of any company, including other companies do and what is the available information and the discovery of new markets can help these companies to maintain a competitive advantage. It has become more cooperation from the participating company is increasingly common, the Internet is helping to facilitate this cooperation, which may be in the direction of product design or channels of distribution or research and development and means of production and marketing. Collaborative methods have been strengthened through the internet wealth of information and ability to communicate. Internet has also helped to improve the performance of these patterns and develop new cooperative which is a prerequisite to the consolidation of competition in different markets. The Internet provides a quick way to connect with distributors and suppliers, which gives the speed and diversified process of obtaining supplies and requirements of the production process, and through the Internet connection speed can reduce the stock of any company The Internet can be indicative of various commercial activities on sites of new suppliers, and enables companies to maintain channels of communication with these suppliers and the Internet can be exercised on the marketing process through direct contact, through its presence on the Internet. In spite of the declaration is facing some problems on the Internet, companies can use the Internet to market their services and products. Businesses can provide a clearer vision of the marketing programs. In sum, the presence of commercial activity on the Internet has several advantages, such as communications, facilities, information, and to assist and guide customers, and gain competitive advantages and opportunities for marketing and cooperation with institutions and other companies.

Expectations of recovery and protection of trade transactions via the Internet with the activation of the electronic signature law

Experts of Information Technology, businessmen and Egyptian officials, a noticeable recovery in the e-commerce transactions and investment services, to be submitted through e-government, following the activation of the electronic signature law, which enabled this decision was issued this week, as well as a specialized body for the development of the IT industry. 

As according to experts, the new law will give legal argument to any document issued by the Internet and be recognized before the courts, and pointed out that the application would be in all transactions, government administrative services, investors and businessmen, such as the various permits and customs services, tax and e-commerce transactions, such as buying and selling and import and export, and the establishment of new companies, trading in the stock market, and banking transactions of all kinds, which would give e-commerce and significant impact, and allows to bypass many obstacles and impediments which have hampered the traditional trade and prevent their growth. 

These experts confirmed that the increased base of computer users and Internet users and the interest of businessmen in Egypt and Arab countries to enter information technology in their dealings, will contribute to the recovery of trade through the Internet, especially that the new law provided a large part of the protection of this trade and give them legal status. 

And Mohammed al-Masri, vice president of the Federation of Chambers of Commerce, said the terms of the new law will open up through e-commerce merchants to Egypt, who were reluctant to engage in this kind of advanced trade, because of fear of fraud and forgery, adding that the law provided a safe and legal transfer documents and the signing of export and import contracts, and the conclusion of transactions between the parties, without the need for travel and wasted time and effort. He expected to receive the Egyptian e-commerce concern men and Egyptian business organizations during the coming period, which will reflect positively on the dealings of the trade, which is still according to statistics from the Federation of Chambers of Commerce, modest, and noted that the participation of business organizations in the formulation and discuss the terms of the law will make the most of this law in the rehabilitation of trade exchange between Egypt and exporters and importers. 

Explained Dr. Raafat Radwan, head of the Information and Decision Support, the nature of the electronic signature, explaining that he means to ascertain the fact that electronic transactions and persons responsible, through electronic communication, where the party deal to send and receive messages and documents using the private or encrypted fingerprint is agreed upon, and prevent strangers, and grant documents and papers of electronic prescription official document legally recognized, which reassures customers through this medium of their rights in the event of a dispute, and this is reflected in the very business dealings. Said Hanan Abdel-Alim, a businessman and chairman of the Chamber of Commerce in Cairo, former law means that the activation of a legislative structure necessary to secure and support the use of the Internet to trade, adding that the trend towards bilateral engagement and collective Arab, African and European law was imperative to activate the electronic signature method for the development of trade and export promotion , especially after the e-commerce has become one of the most important pillars of the development of exports, whether commodity or service in the world. The Nuwara that it will take some time to understand the business way of dealing through the Internet before the conclusion of large transactions using this sophisticated facility. 

For his part, Dr. Mohamed Salem, director of the Center for Information Technology of Egypt, the high speed electronic exchanges between Egypt and the outside world, reaching about 400 pulse during the past three years, and their contribution to global communications cables, and double circles linked to the outside world to about 12 A. Service, in addition to the presence of strong internal infrastructure for communications, as well as the legislative structure and good investment, explained that all this will encourage greater reliance on e-commerce as a safe, fast and advanced to promote trade and economic relations Foreign Affairs during the coming period. 

According to Dr. Sheriff Hashem, Project Director, Trade and Electronic Business in the Egyptian Ministry of Communications in a recent study, the presence of the electronic signature law is the most important components of the legislative business and e-commerce, as it regulates electronic contracts and the work of payment via smart cards, as well as to identify possible imposing taxes without manipulation. 

He added that the volume of e-commerce transactions not to exceed two billion dollars, compared to hundreds of billions of dollars worldwide, stressing the importance of engaging a faster pace in e-commerce as the future pattern of trade which is based on employing the latest technologies in the field of communication and information. He explained that the Arabic e-commerce need to harmonize legislative dealings protect and reassure the customers of which their rights, expected to create an environment for this trade will effectively advanced to the reduction of the growing economic gap between Arab countries and their Western countries, as well as promoting economic and trade cooperation between the Arab countries with each other.