Previous Post
Egypt Ranks 2nd on Bloomberg's 2019 List for Top Cruise Ship Trip Destinations
Next Post
Egypt's Incredible ‘Blind Orchestra’ Performs as Part of the First UN Braille Day

Dubai-Based Online Shopping Platform Noon to Launch in Egypt in 2019

It's here to compete with giants the likes of Souq and Jumia.

Noon

Having launched in Dubai in 2017 with $1 billion worth of capital behind it, e-commerce website, Noon, is gearing up to launch in the region's biggest market, Egypt, according to Menabytes.

The startup, which was founded by Emaar Chairman, Mohamed Alabbar, managed to emerge as a serious challenger to Souq and Jumia's domination over the booming online shopping market, and has since also launched in Saudi Arabia, receiving investment and financial backing from the Saudi Sovereign Wealth Fund.

Last year, Noon announced a partnership with eBay through which UAE and KSA-based customers can order eBay items directly from Noon. It remains unclear if this feature will be available to Egyptian customers upon the company's anticipated launch in the second quarter of 2019 in Egypt.

The much sought-after Egyptian market is signaling promising returns for Noon, with some estimates predicting Egypt's e-commerce market will expand to $3 billion by 2020. However, despite being 100 million strong, challenges still face e-commerce companies seeking to penetrate the Egyptian market, with the majority of Egyptians still opting to do their shopping offline.


Todays Events
Sharmoofers/Bakir/AK @ Cairo Jazz Club
Bars
Date: 1/24/2019
Time: 10:00pm - 3:00am
Venue: Cairo Jazz Club
Mohasseb @ CJC 610
Bars
Date: 1/24/2019
Time: 10:00pm - 3:00am
Venue: Cairo Jazz Club 610
Gold /Silver sheets on glass @ Art Café
Workshop
Date: 1/24/2019
Time: 6:00pm - 9:00pm
Venue: Art Cafe Galleria40
Yoga Break Thursdays @ Coursida
Health & Fitness
Date: 1/24/2019
Time: 6:00pm - 7:30pm
Venue: Coursida Co-working Space
Sagat Thursday @ Underground
Clubs
Date: 1/24/2019
Time: 9:00pm - 3:00am
Venue: UnderGround
'El Yaro Paradise' @ Samah Art Gallery
Exhibitions
Date: 1/24/2019
Time: 10:30am - 8:30pm
Venue: Samah Art Gallery
ODDS by Yasser Nabaiel @ Art Talks
Exhibitions
Date: 1/24/2019
Time: 6:00pm - 9:00pm
Venue: Art Talks
Rhythmic Gymnastics @ Adams Dance Studio
Kids Activities
Date: 1/24/2019
Time: 7:30pm - 9:00pm
Venue: Adams Dance Studio