The Dubai Chamber of Commerce and Industry has launched the Business Intelligence Information System (BIIS) smart platform, which aims to change the way business information is shared and used.
The new platform was launched in line with HH Sheikh
Mohammed bin Rashid Al Maktoum,
VP and PM of the UAE and Ruler of Dubai’s vision
to transform Dubai into a smart city, and gives users one-stop access
to important information about local and foreign businesses, enabling
companies to research prospective partners and make more informed
Users on the platform can access research reports
and statistics covering exports, economic data by country, and product
groups. The system also features a Trusted Member Label for e-commerce
HE Hamad Buamim, President and CEO, Dubai Chamber, noted that the new service fills an information gap.
He explained that BIIS will also enhance transparency within the local
business community, and provide more reliable information about
Dubai-based companies to foreign firms and investors, which is essential
to securing trade partnerships.
HE Buamim said, “As part of its
innovation strategy, the chamber is working to create an intelligent
business community which is capable of keeping pace with the emirate’s
rapid economic development. This platform is the first of its kind in
terms of resources that provide comprehensive access to corporate
information. We are confident that it will improve the ease of doing
business in the emirate and enhance its reputation as a leading global
The launch of the platform follows Dubai Chamber’s
innovation strategy announced last year which is focused on supporting
creativity and innovative solutions in the private sector. The chamber
had previously launched smart business and mediation applications as
part of its efforts to build a fully-integrated mobile community and
help its members connect to Dubai’s business community.