×
6 098
Fashion Jobs
TJX EUROPE
tk Maxx Loss Prevention Officer Full Time Staines
Permanent · Staines-upon-Thames
STELLA MCCARTNEY
Global Marketing Director
Permanent · LONDON
GAME
Ecommerce Merchandiser
Permanent · BASINGSTOKE
SPORTS DIRECT
Retail Front of House Operations Supervisor
Permanent · WEMBLEY
PATAGONIA
Dealer Service Operations Specialist (F/M/D)
Permanent · MANCHESTER
PRETTYLITTLETHING
Senior Product Owner
Permanent · MANCHESTER
PRIMARK
Stockroom Retail Assistant
Permanent · WATFORD
PRIMARK
Wms Project Manager
Permanent · ISLIP
PRIMARK
Engineering Manager, Digital
Permanent · READING
ESTÉE LAUDER
Clinique - Consultant - Marks & Spencer - 8 Hours
Permanent · Glasgow
ESTÉE LAUDER
Clinique - Consultant - Boots - 18,5hrs
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Browns - 10hrs
Permanent · Beverley
ESTÉE LAUDER
Clinique - Consultant - Boots - 18hrs
Permanent · Glasgow
BOOHOO
Senior Buyer
Permanent · MANCHESTER
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Full Time Stock Lead Associate, Regent Street
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Marks & Spencer - 11hrs
Permanent · Aberdeen
HOMESENSE
Loss Prevention Officer - Full Time tk Maxx & Homesense Maidstone
Permanent · Maidstone
WAITROSE
Customer Delivery Driver- Coulsdon Customer Fulfilment Centre
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · LONDON
HOLLISTER CO. STORES
Hollister CO. - Brand Representative, Braehead
Permanent · Renfrew
LEVI'S
Digital Marketing Manager
Permanent · London
DR. MARTENS
Employee Relations Manager UK & eu
Permanent · LONDON
Ads
By
Reuters
Published
Jul 25, 2017
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Dubai billionaire-backed e-commerce venture Noon appoints new CEO

By
Reuters
Published
Jul 25, 2017

Noon, an e-commerce venture backed by Dubai billionaire Mohamed Alabbar and Saudi Arabia's sovereign fund Public Investment Fund (PIF), has appointed Faraz Khalid as chief executive.


Faraz Khalid has been appointed CEO of Noon, the soon to be launched $1 billion e-commerce joint venture founded by Mohamed Alabbar


Khalid joins from Middle East online fashion retailer Namshi, which he co-founded and where he served as managing director, Noon said in a statement on Monday.

Noon has been without a chief executive since at least May when Reuters reported CEO Fodhil Benturquia and other employees had left the company after it missed its January launch date.

Alabbar's Emaar Malls purchased a 51 percent stake in Namshi the same month for $151 million from Global Fashion Group (GFG), a start-up set up by Rocket Internet.

Noon is completing final work in its fulfilment infrastructure and payment systems and is on track to launch this year, Alabbar said.

The Gulf region's e-commerce market is expected to grow to $20 billion by 2020, global consultancy A.T. Kearney said in a report published last year.

In March, Amazon.com bought Middle Eastern online retailer Souq.com in a deal described by adviser Goldman Sachs as "the biggest-ever technology M&A transaction in the Arab world".

Alabbar, founder and chairman of Dubai's Emaar, developer of the world's tallest tower, the Burj Khalifa, made an unsuccessful bid for Souq.com through Emaar Malls.

Increasingly focused on technology investments and e-commerce, he bought a stake in regional logistics firm Aramex last year

© Thomson Reuters 2023 All rights reserved.