×
69 270
Fashion Jobs
MACY'S
Manager, Omni Operations
Permanent · San Rafael
MACY'S
Manager, Asset Protection - Multi Store
Permanent · Temecula
NORDSTROM
Asset Protection Agent - San Tan Village Rack
Permanent · Gilbert
NORDSTROM
Asset Protection Agent - Cascade Station Rack
Permanent · Portland
NORDSTROM
Asset Protection Agent - Desert Ridge Marketplace Rack
Permanent · Phoenix
ROSS STORES
Store Protection Specialist
Permanent · River Grove
ROSS STORES
Store Protection Specialist
Permanent · Honolulu
ROSS STORES
Store Protection Specialist
Permanent · Long Beach
ROSS STORES
Store Protection Specialist
Permanent · Hialeah
ROSS STORES
Store Protection Specialist
Permanent · Philadelphia
ROSS STORES
Store Protection Specialist
Permanent · San Fernando
ROSS STORES
Store Protection Specialist
Permanent · Boynton Beach
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
ROSS STORES
Store Protection Specialist
Permanent · Carrollton
ROSS STORES
Store Protection Specialist
Permanent · Dallas
ROSS STORES
Store Protection Specialist
Permanent · West Allis
ROSS STORES
Store Protection Specialist
Permanent · Markham
NORDSTROM
Asset Protection - Coordinator - Portland Distribution Center
Permanent · Portland
MACY'S
Asset Protection Detective, Carlsbad Plaza Camino Real - Full Time
Permanent · Carlsbad
MACY'S
Asset Protection Detective, Park Meadows - Standard Part Time
Permanent · Lone Tree
MACY'S
Asset Protection Detective, Woodbridge Center - Full Time
Permanent · Woodbridge Township
MACY'S
Asset Protection Detective, Fashion Valley - Full Time
Permanent · San Diego
By
Reuters
Published
Jul 25, 2017
Share
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 2022 All rights reserved.