Middle East e-commerce heavyweight Noon has raised $500 million in fresh funding from its existing investors, including Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), and the company’s founder, Mohammed Alabbar, as it intensifies preparations for a potential initial public offering. People familiar with the matter said the injection of capital underscores continued … Continue reading Noon Secures $500M from Public Investment Fund and Founder Ahead of Potential IPO