Dubai –  Dubai International Financial Centre (DIFC) penned an agreement to provide Tradeling, the hyper-growing eMarketplace focused on business-to-business (B2B) transactions in MENA, a platform to speed up the evolution of the region’s B2B digital marketplace.

The platform will also nurture local talent in the fast-growing e-commerce sector, according to a press release on Sunday.

The partnership was signed by the CEO of DIFC Authority, Arif Amiri, and the CEO of Tradeling, Muhammad Chbib, at an event attended by senior officials of both entities.

Amiri said, “DIFC offers a vibrant platform for innovative startups and FinTech companies to strengthen their regional footprint and evolve as strong success stories from the region."

"With its innovative approach to B2B ecommerce, Tradeling has evolved as an inspiring enterprise from Dubai. Its platform can be leveraged by DIFC companies to increase efficiency, sourcing products and services effectively online while exploring options to embed financial services in the platform," he continued.

Tradeling's Chbib remarked, “Our partnership with DIFC is of strategic value for us to engage with DIFC-based companies and offer them our platform to expand their business footprint."

With over 2,500 companies, over 250 fintech firms, a community of over 25,000 employees, and a market size of over $700 billion, DIFC is a well-established global platform for driving the future of finance and the development of regional economies. It aims to develop the economy of Dubai and make it an effective contributor to the future of the regional and international financial services industry.

Since its launch in April 2020, Tradeling has recorded impressive growth. Today, it has more than 400 suppliers from over 25 countries with gross merchandising value increasing from zero to a high two-digit million figure within three months.

Source: Mubasher

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