Alabbar, Saudi PIF to Set Up $1 Billion Mideast E-Commerce Firm - Bloomberg

Alabbar, Saudi PIF to Set Up $1 Billion Mideast E-Commerce Firm - Bloomberg

Al-Arabiya

Alabbar, Saudi PIF to Set Up $1 Billion Mideast E-Commerce Firm Bloomberg A group of investors led by Emaar Properties PJSC Chairman Mohamed Alabbar and Saudi Arabia's sovereign wealth fund will each contribute $500 million to an e-commerce venture to tap the Middle East's fast-growing online retail market. E-commerce firm ... Regional e-commerce gets boost from Alabbar venture and Amazon's Jeff Bezos interestThe National Dubai businessman Alabbar, Saudi SWF launch $1 bln e-commerce platformReuters Saudi Arabia investing in largest Arab e-commerce platformAl-Arabiya ArabianBusiness.com -Gulf Business News -AhlanLive.com (blog) all 12 news articles »