Dubai Ports, Oracle Announce Joint Venture

Monday, April 17, 2000
Dubai Ports Authority (DPA) and the Jebel Ali Free Zone announced a joint venture with Oracle Corp. to establish the region's first e-business market. The Dubai Electronic Market (DEM) will start operating within 60 days, and would make it possible for businesses to buy, sell and compete on world markets.

DPA will operate the project, while Oracle will provide the infrastructure and advanced technology. All purchase orders, confirmations, auctions and tenders will be processed on line by DPA.

The move followed an announcement this month to bring local government services on line to speed up transactions, reduce costs and improve quality.

Last year, Dubai announced plans to set up Dubai Internet City, a $272 million free trade zone for e-commerce. The moves are part of efforts to make Dubai - already a Gulf trading hub - a regional center for information technology.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

EV Appoints New CEO

EV has announced the appointment of a new chief executive officer.   Bringing over 28 years’ of industry experience to the role, Fraser Louden has

Wärtsilä REvolution system takes sealing technology to New Level

The new Wärtsilä REvolution system is a digital management system that controls, monitors, records and analyses the performance of seals autonomously in real time,

Fuel Consumption, Emissions Monitoring Software Updated

As part of the ongoing Blue Star Delos Renewable Energy Innovation Project, Eco Marine Power (EMP) stated that the Aquarius Management & Automation System (MAS)

 
 
Maritime Security Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0502 sec (20 req/sec)