August 10, 2006	Thursday	Rajab 14, 1427

ISLAMABAD, Aug 9: Tejari, the UAE based premier business-to-business online marketplace, on Wednesday signed an agreement announcing its strategic partnership with the Hashoo Group for online procurement services in the two countries.

According to the agreement, the local group will be the operator of Tejari Pakistan and will offer online procurement services to both government departments and the private business community in Pakistan.

Tejari Pakistan will enable all registered companies to find, compare and procure products and services needed for day-to-day running of their businesses. It will also allow companies to network and connect with the larger number of buyers and suppliers in Pakistan and the Middle East region. Aimed at automating and streamlining the administration and procurement cycle, the e-procurement solutions will help companies in Pakistan identify and compare prices online, enhance transparency and lower costs associated with paper-based procurement processes.