Ecommerce

Noon.com – Dubai businessman Mohamed Alabbar, Saudi SWF launch $1 billion Ecommerce platform

Prominent Emirati businessman Mohamed Alabbar said on Sunday he had teamed up with Saudi Arabia’s Public Investment Fund (PIF) and other private investors to launch a $1 billion Middle Eastern-focused e-commerce platform. Noon.com was 50 percent owned by the Saudi sovereign wealth fund, Alabbar said at a news conference in… Read more »