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Dubai's Emaar hires Emirates NBD for sale of e-commerce business Namshi – sources

Dubai's Emaar  has picked Emirates NBD  to advise it on the sale of fashion e-commerce business Namshi, sources said. Emaar Malls, the retail arm of Dubai's biggest developer, Emaar Properties, bought a 51% stake in Namshi from Global Fashion Group (GFG.DE) for $151 million in 2017 and the remaining 49%…

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