Dubai, United Arab Emirates: Export Bahrain has recently signed a Memorandum of Understanding (MoU) with Tradeling, the hyper-growing eMarketplace focused on business-to-business (B2B) transactions in the MENA region, to support Bahrain-based businesses to export across the region through the platform.
The agreement will contribute to increasing the trade volume between Bahrain-based companies and international buyers, and promoting and creating awareness for local and regional buyers about companies headquartered in Bahrain.
The MoU also supports companies in Bahrain to be part of Tradeling programmes and avail services including inventory management, warehousing, and custom clearance, that is in addition to onboarding Bahrain-based sellers on Tradeling on a regular basis.
Commenting on the occasion, Ms. Safa Sharif Abdulkhaliq, Export Bahrain Acting Chief Executive, stated: “This MoU with Tradeling unlocks valuable opportunities for businesses in Bahrain to connect with B2B sellers and buyers around the world, offering them a wide variety of products in various categories. It serves to actualise our strategic goal to enable Bahrain-based companies, especially SMEs, access to openings that contribute to achieving their expansion and international growth objectives. E-commerce has become a significant growth tool for any business, and Tradeling platform offers SMEs in Bahrain an ideal gateway to a wider customer base across the MENA region and gain broader recognition of their products and services. This will also have positive reflections on export operations, providing businesses with the needed facilitation to improve supply chains and enhance the flow of products and services. We look forward to see companies in Bahrain benefiting from this leading platform as a launchpad towards regional and global growth.”
Marius Ciavola, Chief Executive Officer at Tradeling: “At Tradeling, we aim to make B2B trading simpler, faster and more secure. We work to provide a gateway for businesses to expand throughout the MENA region, granting them access to a suite of innovative solutions and services through one platform, and linking them with wholesale suppliers from around the world. We are certain that the signing of this agreement would significantly benefit businesses in Bahrain and encourage them to capitalise on the provided special offers, competitive prices, seamless trading procedures and much more.”
It is worth noting that Export Bahrain is a national initiative that aims to strengthen the private sector’s role, promote exports and increase the competitive power of local SMEs through a unique range of innovative solutions.
Since its establishment in 2018, the initiative has facilitated over USD 120 million in export value, providing SMEs in Bahrain with the necessary support to export more than 51 different product and service categories across 10 sectors, and facilitating its reach to more than 56 markets across the GCC, Asia, Africa, Europe, Australia, United Kingdom and the United States of America.
Led by a team of experienced technology startup builders, Tradeling ensures a reliable and smooth trade process in addition to providing logistics and financing solutions. Connecting global suppliers with MENA-based demand, the platform leverages advanced technology to optimize the supply chain and creates economic value in addition to mitigating risks. Today, Tradeling has over 100,000 registered buyers and sellers from over 55 countries.
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About Export Bahrain:
Export Bahrain is the Kingdom’s first dedicated platform and the national export development and internationalization support arm of Bahrain that was launched in November 2018, under the purview of the SME Development Board as part of a national effort to support SME business expansion and international growth.
Export Bahrain acts as a local partner to all businesses, creating a successful roadmap for exporting to reinforce the Kingdom of Bahrain’s position as a strategic global export hub and an international trade partner.
Export Bahrain’s key mission is to promote, nurture and accelerate the growth of local businesses, products and services made in the Kingdom of Bahrain and enable exporters to take on more challenging, high-growth export markets.
For more information, visit www.export.bh
For more information on Export Bahrain, visit www.export.bh , email info@export.bh , or call +973 1738 3999. Stay tuned to the latest news and updates by following @exportbahrain on social media platforms.
About Tradeling:
Tradeling is building the dominant business-to-business ecosystem in MENA, with its eMarketplace and other platforms such as edukaan and Tradeling Pro, catering for all types of business customers. Led by a team of experienced technology startup builders, with strong financial backing through Dubai Airport Free Zone (DAFZA), Tradeling is on its mission to become the main search and sourcing tool for business buyers across the region.
Tradeling ensures a reliable and smooth trade process in addition to providing logistics and financing solutions. Connecting global suppliers with MENA-based demand, Tradeling leverages advanced technology to optimise the supply chain and creates economic value in addition to mitigating risks. Enabling buyers to find the right products and materials as well as engage with new suppliers and Middle Eastern buyers, Tradeling helps in negotiating prices and delivering end-to-end services for business-to-business trade engagement.
For more information, visit:
Website: https://www.tradeling.com/ae-en
LinkedIn: https://www.linkedin.com/company/tradeling/
© Press Release 2021
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