Advertising platform "N" of electronic commerce invest Gulf

Arab said net news site that the Saudi government Alasttmarat represented by the General Fund and in partnership with several Gulf investors led by businessman Emirati man Mohammed Alabbar, today announced a new platform for e-commerce.

The new platform will carry the name "N" noon.com and will be based in Riyadh with investments amounting to US $ billion and ownership of 50% of the Public Investment Fund.

According to the Arabic site Net non dot-com platform will operate soon in Saudi Arabia and the UAE by offering 20 million product confirmed that work on the project took 18 months.

Noon aspire to form a quantum leap in the area of ​​e-commerce through the high-tech capabilities and sophisticated electronic payment system and the spread of the branches in several Arab countries.

Stay tuned for more details on this project within the daily news.

the source