Emaar Properties
Dubai's Emaar Buys 51 Percent Stake in E-Commerce Site Namshi
Emaar Malls said it will buy a 51 percent stake in fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.
Report: Emaar Malls Challenges Amazon for Souq.com
The retail division of Emaar Properties PJSC, run by Mohamed Alabbar, is believed to have offered about $800 million for Souq.com last week.
Saudi Arabia PIF and Alabbar to Launch $1 Billion E-Commerce Firm
Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia’s Public Investment Fund will each contribute $500 million to an e-commerce venture to tap the Middle East’s fast-growing online retail market.
Can Post-Crisis Dubai Become the World’s Largest Consumer Fashion Hub?
After London, Dubai is the second most popular place in the world to shop for fashion and luxury goods. Can it become number one? Six years after the devastation of a global recession that saw billions wiped off the value of local real estate, BoF sits down with Mohamed Alabbar, architect of the emirate’s retailing success, to understand his vision for the future.
Can Post-Crisis Dubai Become the World’s Largest Consumer Fashion Hub?
After London, Dubai is the second most popular place in the world to shop for fashion and luxury goods. Can it become number one? Six years after the devastation of a global recession that saw billions wiped off the value of local real estate, BoF sits down with Mohamed Alabbar, architect of the emirate’s retailing success, to understand his vision for the future.