Jojo Puthuparampil

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Jojo Puthuparampil is a business news writer for Inc. Arabia.
Hiring in the UAE

Are Job Opportunities In The UAE Going Up?

More than half of employers in the UAE are likely to hire staff afresh within the next three months, according to a survey.Over 51% of employers surveyed in the UAE between May... (contd.)
The UAE's president, Sheikh Khalifa bin Zayed Al Nahyan, has just approved a law to introduce the new 5% value-added tax (VAT) starting January 2018.

VAT Registration In The UAE Is Around The Corner. Here’s What The New Law Says

The UAE's president, Sheikh Khalifa bin Zayed Al Nahyan, has just approved a law to introduce the new 5% value-added tax (VAT) starting January 2018.Federal Decree-Law Number 8 of 2017 sets the... (contd.)

There’s A New Fund For Innovative Jordanian Startups And It’s Worth Almost $100 Million

The World Bank has signed a pact with the Jordanian Ministry of Planning and International Cooperation to provide a loan worth $50 million to set up the Innovative Startups Fund.The Central Bank... (contd.)
Uber goes after business travelers in Saudi Arabia with airport deals and new platform

Uber Updates Itself In Saudi Arabia To Go After Business Travelers

Uber has launched a new version of its platform that targets business users in Saudi Arabia as the ride hailing app looks to boost its Gulf footprint.The new version of Uber for... (contd.)
DIFC selects finalists for Fintech Hive

Here Are The 11 Startups Entering The First Cycle Of DIFC’s Dubai FinTech Hive Accelerator Program

Dubai International Financial Centre (DIFC) has selected its first bunch of 11 finalists for its FinTech Hive startup accelerator program.The first cycle of the accelerator, which has been organized in collaboration with... (contd.)
Paytabs raises funds to expand

Saudi Payments Startup Raises A Cool $20 Million To Go Beyond The Kingdom

Saudi-based online payment processor PayTabs has revealed that it has raised $20 million to fund its business growth and expansion.PayTabs plans to expand to more than 20 markets over the next two... (contd.)
ADGM Foundations

From Abu Dhabi, A New Way For Gulf Family Businesses To Preserve Wealth

Abu Dhabi Global Market (ADGM), an international financial centre based in the UAE' capital, has launched a new legal structure to support wealth management and preservation between family generations.ADGM said its new... (contd.)
Bitcoin exchange launches in Egypt

Egypt Close To Getting Its First Bitcoin Exchange

A cryptocurrency startup called Bitcoin Egypt is now in the process of launching the first bitcoin exchange in the country.Co-founded by Rami Khalil and Omar Abdelrasoul, Bitcoin Egypt plans to launch a... (contd.)
Sheraa open for second cohort

Sharjah’s Sheraa Is Now Inviting Startups For Its Second Cohort

Sharjah Entrepreneurship Center (Sheraa), a Sharjah-based accelerator, is now inviting entrepreneurs from within the UAE and overseas for its second cycle.Early-stage ventures that wish to use Sharjah as a launch pad to... (contd.)
UAE most comfortable with AI

Which Gulf Nation Is Ready For All Things Artificial Intelligence?

Most consumers in the UAE are ready to embrace artificial intelligence (AI) technologies, according to Accenture's 2017 Digital Consumer Survey.While 76% of users are comfortable with an AI application responding to their... (contd.)
Tojjar for Saudi entrepreneurs

Saudi Government Rolls Out New Service To Boost Small Entrepreneurs

The Saudi government has launched Tojjar this week, a service for productive families and entrepreneurs looking to boost their businesses online.The platform—which is floated by the 9/10ths program, an initiative under the... (contd.)
TPAY Acquires Competitor DCBEgypt

Egypt Sees Startup Consolidation In The Direct Billing Space

MENA-based direct carrier billing platform TPay has acquired Egypt-based peer DCBEgypt for an undisclosed amount.Founded in 2014 by Sahar Salama, TPay is among the first fintech companies in the region and claims... (contd.)
Careem gets Didi onboard

China’s Didi Chuxing Invests In Careem To Take Another Shot At Uber

Chinese ride-sharing firm Didi Chuxing has invested in the Middle Eastern ride-hailing firm Careem as part of a partnership agreement between the two firms, in what is being seen as another broadside... (contd.)
Farad launches in Dubai

Farad, Not Just Another Cryptocurrency, Pops Up In Dubai

Farad, a Malaysian company, has launched Farad cryptoken (FRD)—which is claimed to be the first cryptocurrency backed by real economic activity—in Dubai this week.A cryptocurrency, or token, is a digital currency in... (contd.)
Uber strikes deal with Riyadh airports

Uber Jumps The Queue Over Careem At Riyadh Airport

Ride-hailing firm Uber and Riyadh Airports Company have signed an agreement that will allow the former to transport passengers to and from King Khalid International Airport (KKIA) in the Saudi capital, Riyadh.Uber... (contd.)

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