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Saudi sovereign wealth fund launches Noon, Middle East’s take on Amazon

Alabbar, the Emirates’ sovereign wealth fund launched its very own e-commerce site this week. Emirati businessman Mohamed Alabbar is the brains behind the initiative, called Noon and expected to capitalise on the booming e-commerce market in the region. Alabbar launched Sunday this e-commerce business with an initial investment of 1 billion...

15 Dec 2016

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