Business
Emaar Malls stands up to Amazon with 800 million offer for Souq
Dubai's Emaar Malls EMAA.DU, a unit of Emaar Properties EMAR.DU, said on Monday it had submitted an 800 million dollars bid for Middle Eastern online retailer Souq.com. In a bourse statement, Emaar Malls recognised that the bid has so far not been accepted by Souq.com's shareholders. It’s worth recalling that last week, sources familiar with the...
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