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FINANCIAL NEWS
Dubai Trade collects USD272m via Rosoom
17 Jul 2012
(MENAFN) Dubai Trade’s CEO, Eng Mahmood Al Bastaki, stated that the trade facilitator has collected USD272 million through transactions carried out by Rosoom, the electronic payment gateway of Dubai Trade, reported Khaleej Times.
Al Bastaki said that the gateway, which was launched 4 years ago, has registered over 1 million transactions by the trading community since then.
The Rosoom service provides several online payment options, covering credit, debit and prepaid cards including Dirham, to ease payments in a safe and secure environment.
Moreover, it was integrated with the online payment systems of a number of major banks locally and internationally, facilitating and making it more secure for trading clients of these banks to use the electronic payment gateway.
It is worth noting that Dubai Trade, which is the leading cross-border trade facilitator under Dubai World, will soon launch the Rosoom Wallet, which will offer managers a high degree of flexibility and security in the management and control of payments.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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