A month after its launch within the "Rapid Response Initiative"
340% growth in the companies of the Dubai Chamber platform for trading in personal protective equipment
Dubai Chamber: The growth achieved by the platform reflects the role it plays in providing exceptional solutions to merchants. Archives
The Dubai Chamber of Commerce and Industry revealed a significant growth in the number of companies on its new electronic platform that it recently launched within the "Rapid Response Initiative" dedicated to buying and selling personal protective equipment, with a significant growth of 340%, after the total number of companies on the platform reached 66 increases. From 15 companies at the launch of the platform last month.
The Chamber stated in a statement yesterday that this platform, which has become a reliable online marketplace, targets companies and health care service providers in the UAE, to help them secure these equipment, by facilitating their access to approved suppliers.
The electronic marketplace links reliable parties involved in selling and buying personal protective equipment and medical supplies, and aims to meet the increasing demand by companies for this type of products, while ensuring that all parties in their products adhere to the safety standards approved by the UAE government, and its tireless efforts to reduce The spread of the Corona virus.
An analysis of the Dubai Chamber - based on data from TradeMap - showed that China is the largest supplier and exporter of medical protection products to the UAE, as recent statistics showed that China's exports of medical equipment to the country to counter the spread of the "Covid-19" virus were recorded. A qualitative leap, with a growth of 357%, during the second quarter of this year, when the value of these exports amounted to about $ 624 million (2.29 billion dirhams), compared to about $ 137 million (503 million dirhams) during the same quarter of last year.
Surgical face masks accounted for about 40% of the total Chinese exports of medical supplies to the UAE, as their value during the second quarter of 2020 amounted to about $ 248 million (910 million dirhams), compared to nine million dollars (33 million dirhams). The same period in 2019, a growth rate of 2,654%.
The value of China's exports of medical coats to the UAE during the second quarter of this year reached 60 million dollars (220 million dirhams), up from 1.7 million dollars (6.2 million dirhams), while the value of plastic hand gloves exports rose from 6.6 million dollars. (24.2 million dirhams), during the second quarter of 2019, to about 34 million dollars (124.7 million dirhams), during the second quarter of 2020, a growth rate of 414%.
Register for free
The "Dubai Chamber" indicated that the importance of the platform is evident in its availability to all companies in the UAE and the Gulf Cooperation Council countries, which sell and buy medical equipment, to register for free, indicating that the products currently listed on the electronic market include reusable surgical face masks and shields, And goggles, hand sanitizers, disposable gloves, medical coats, respirators, and thermometers, as merchants and concerned parties can purchase all their medical equipment needs from reliable sources on the platform.
An innovative platform
Belaid Retab, head of the Economic Studies and Sustainable Development Sector at the Dubai Chamber, said that the increased growth achieved by the platform, in less than a month at the level of the companies listed in it, reflects the role that this innovative platform plays in providing exceptional solutions to Dubai traders, to support efforts Fighting the Corona virus.
He added: "The platform aims to enhance communication with reliable commercial entities, to work on weaving a sustainable network of relations and reduce the cost of trade, as its launch came at an appropriate time to provide a competitive advantage to Dubai merchants under the current circumstances, and to consolidate their efforts to meet the increasing demand for these products."
One billion dirhams of China's medical equipment exports to the UAE during the second quarter of 2020.
The new platform allows local and Gulf companies, who buy and sell medical equipment, to register for free.