By and
with contributions from Ritu Upadhyay
 on April 19, 2016

Yoox Net-a-porter Group is poised to accelerate its growth in the Middle East thanks to a new investment from Alabbar Enterprises.

The investment in the luxury e-tailer comes in the form of a capital increase of 100 million euros, or $113 million at current exchange rate, in YNAP, paid for entirely by Alabbar, which is controlled by Mohamed Alabbar.

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