Namshi

E-commerce

Moving On: Namshi Co-Founder Hosam Arab Steps Down As CEO Of The E-Commerce Enterprise

Arab's resignation comes about two weeks after Namshi announced its complete acquisition by Emaar Malls, the retail arm of the Dubai-headquartered Emaar Properties, by buying out Global Fashion Group's stake in the company.

Emaar Malls Announces Full Acquisition Of Fashion E-Commerce Retailer Namshi

Emaar Malls had previously owned a 51% stake in Namshi after getting into a strategic partnership with Global Financial Group in 2017.