Zawya Limited, a Thomson Reuters company and leading online business intelligence platform in MENA, has signed an agreement with ProTenders, to become the sole distributor in the region of its online portal: a cloud-based eTendering hub that enables construction-industry companies to easily find each other; build relationships; share information openly; and efficiently and securely negotiate their products and services.
With over $12.4 billion in processed bids for 730 companies since 2009, ProTenders, operating in MENA under the Monaqasat brand, has become a widely used construction-tendering platform in the region. The switch to the global ProTenders brand, accompanied by product enhancements, will be implemented in MENA during the first quarter of 2014.
Nadim Najjar, Managing Director, Middle East, Africa and Russia / CIS, Thomson Reuters, said: “This exclusive agreement means that Zawya will manage distribution of ProTenders’ innovative and unique e-tendering portal in the MENA region. This collaboration complements the Zawya Projects platform that already covers a live database of thousands of construction projects as well as intelligence on the owners, developers, and subcontractors across MENA markets”.
He added, “ProTenders enhances Zawya’s proposition by enabling construction professionals to research and utilise the intelligence Zawya Projects provides in order to maximise MENA private bid opportunities more efficiently via the ProTenders portal at the pre-construction stage”.
Karim Helal, Co-Founder and CEO of Pro Tenders (Monaqasat), said: “ProTenders brings together every category of organization in the construction industry, enabling developers and contractors to obtain reliable prices quickly and cost-effectively, while providing suppliers with the tools and opportunities to generate a stream of ongoing work. In addition, our platform increases efficiency, allowing our customers to save time and reduce costs, by gathering companies, information, and communication and process-management tools together in one place.”
Zawya covers a wide range of specialized content and tools on various asset classes, markets, industries, companies, projects, and tenders, enabling its network of professionals to find and connect to the right business and investment opportunities in the MENA region.
Head, Corporate Communications & Public Relations
Middle East, Africa & Russia / CIS
Wednesday, February 26- 2014 @ 10:23 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.