Emaar selects Emirates NBD to advise on Namshi sale, reports

emaar, emirates nbd, namshi, sale, reports,
UAE
  • Date: 13-Sep-2021
  • Source: Arabian Business
  • Sector: Retail
  • Country: UAE
  • Share:

Emaar selects Emirates NBD to advise on Namshi sale, reports

Dubai-based giant looking for outright sale of e-commerce fashion and lifestyle platform or listing through a SPAC, according to reports

Dubai-based Emaar has selected Emirates NBD as an advisor on the potential sale of its e-commerce business Namshi, according to reports.

News service Zawya reported on Monday that Emaar Malls, which is currently subject of a takeover by its parent company, Emaar Properties, is looking to sell Namshi outright or through a listing abroad courtesy of a special purpose acquisition vehicle (SPAC).

What is the ‘delta plus’ variant of the coronavirus? – The Peninsula Qatar

Tech Talk: Facebook plans to change its name, says The Verge – Gulf Digital News

TV: Seoul files complaint against unionists who rallied in ‘Squid Game’ costume – Gulf Digital News

Motoring: Electrified cars hit almost a fifth of EU Q3 vehicle sales – Gulf Digital News