Meydan Free Zone and noon.com, two of the most prominent names in the UAE business landscape, have signed a Memorandum of Understanding (MoU) to collaborate on various initiatives that will benefit both parties. The MoU was signed by the CEO of Meydan Free Zone, Ahmed Alkhoshaibi, and the CEO of noon.com, Faraz Khalid, in the presence of other senior officials from both companies.
The MoU outlines several areas of cooperation between Meydan Free Zone and noon.com, including the promotion of e-commerce and digital entrepreneurship in the UAE. The two companies will work together to create a supportive ecosystem for startups and SMEs, providing them with access to resources, mentorship, and funding opportunities.
One of the key objectives of the partnership is to leverage the strengths of both companies to drive innovation and growth in the e-commerce sector. Meydan Free Zone, which is known for its state-of-the-art infrastructure and business-friendly policies, will provide noon.com with access to its world-class facilities and services. This will enable noon.com to expand its operations and enhance its customer experience.
On the other hand, noon.com, which is one of the fastest-growing e-commerce platforms in the region, will bring its expertise in digital marketing, logistics, and customer engagement to the partnership. This will help Meydan Free Zone to attract more businesses to its free zone and create a vibrant community of entrepreneurs.
Commenting on the MoU, Ahmed Alkhoshaibi said: “We are delighted to partner with noon.com, which is a leading player in the e-commerce industry. This partnership will enable us to create a dynamic ecosystem that fosters innovation and entrepreneurship. We look forward to working closely with noon.com to achieve our shared goals.”
Faraz Khalid added: “We are excited to collaborate with Meydan Free Zone, which is renowned for its world-class facilities and services. This partnership will enable us to expand our operations and enhance our customer experience. We are committed to supporting the growth of the e-commerce sector in the UAE, and this partnership is a step in that direction.”
The MoU between Meydan Free Zone and noon.com is a significant development for the UAE’s e-commerce industry. It demonstrates the commitment of both companies to drive innovation and growth in the sector, and to create a supportive ecosystem for startups and SMEs. With the combined strengths of Meydan Free Zone and noon.com, we can expect to see exciting new developments in the e-commerce landscape in the coming years.
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