Emaar first bought a 51 per cent stake in Namshi for $151 million in 2017 from Rocket Internet’s Global Fashion Group. Pawan Singh / The National
Emaar first bought a 51 per cent stake in Namshi for $151 million in 2017 from Rocket Internet’s Global Fashion Group. Pawan Singh / The National
Emaar to sign $335m Namshi sale deal on August 24
Deal will earn Dubai’s biggest listed developer a net profit of $171m and sale proceeds will be invested in its core property development business
