Friday 9 December 2016
 
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Alabbar

Saudi PIF to take 50pc stake in Adeptio

Saudi Arabia’s Public Investment Fund, the kingdom's sovereign wealth fund, will take a 50 percent stake in Dubai-based businessman Mohamed Alabbar's Adeptio investment vehicle, according to a Bloomberg report. The a

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YNAP, Alabbar form new online luxury retail JV

Yoox Net-A-Porter Group (YNAP), a leading global online luxury fashion retailer, has announced a joint venture with Symphony Investments, an entity controlled by Mohamed Alabbar, to create a new online luxury retail business in the Middle East.

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YNAP, Alabbar form new online luxury retail JV

Yoox Net-A-Porter Group (YNAP), a leading global online luxury fashion retailer, has announced a joint venture with Symphony Investments, an entity controlled by Mohamed Alabbar, to create a new online luxury retail business in the Middle East.

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Alabbar, PIF to launch $1bn e-commerce venture

Dubai-based billionaire Mohamed Alabbar has announced plans to launch an e-commerce platform with an initial investment of $1 billion together with Saudi Arabia’s Public Investment Fund (PIF). Noon.com will be based in Riyad

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Adeptio completes Americana share buy

Adeptio AD Investments SPC and Al Khair National for Stocks and Real Estate have announced the completion of the sale by Al Khair of all of its shares in Kuwait Food Company (Americana) to Adeptio at a price of KD2.65 ($8.74) per share.

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Adeptio completes Americana share buy

Adeptio AD Investments SPC and Al Khair National for Stocks and Real Estate have announced the completion of the sale by Al Khair of all of its shares in Kuwait Food Company (Americana) to Adeptio at a price of KD2.65 ($8.74) per share.

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Dubai Opera will drive cultural tourism to city: Alabbar

The iconic Dubai Opera, which celebrated its soft opening yesterday (August 31), will drive cultural tourism and reap economic dividends for the city, says Mohamed Alabbar, chairman of Emaar Properties. Emaar Properties has placed

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Aramex founder 'sells stake to Alabbar, others'

Aramex founder and vice-chairman Fadi Ghandour sold his entire 9.9 per cent stake in the logistics company to Gulf investors including Emaar Properties chairman Mohamed Alabbar, a report said. The purchase was made through Alabbar

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Alabbar buys 4pc stake in fashion retailer YNAP

Dubai entrepreneur Mohammed Alabbar will take a 4 per cent stake in online fashion retailer Yoox Net-A-Porter (YNAP) in a move expected to push the Italian group's growth in the high-potential Middle Eastern market. YNAP, whic

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Emaar chairman was 'really scared' of early 2016 trends

The chairman of Emaar Properties has admitted that he was "really scared" of market conditions coming into 2016 but said the performance of Dubai's largest developer in the first quarter looked good after some severe cost cutting.

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