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 Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Construction Starts on Crowley’s 2nd LNG ConRo Ship

Construction begins on Crowley’s second Commitment Class, LNG-powered ConRo ship for use in the Puerto Rico trade   Shipbuilder VT Halter Marine, Inc. has officially

UKHO ‘Living with ECDIS’ Seminars at Nor-Shipping

Seminar to include information on updated IHO ENC Standards   The United Kingdom Hydrographic Office (UKHO) has announced the details of its free-to-attend ECDIS Seminars at Nor-Shipping,

New Launches, Demonstrations Set for Seawork

Europe’s commercial marine and workboat exhibition held in a working port, Seawork International, has released its plans for demonstrations, launches and conferences.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators
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: 0.0919 sec (11 req/sec)