Jojo Puthuparampil

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Jojo Puthuparampil is a business news writer for Inc. Arabia.
Emaar to buy namshi

Lost Out On Souq.com, But Emaar Picks Up A Majority Stake In Namshi.com

Two months after Amazon agreed to buy Souq.com, Dubai's Emaar Malls is buying a 51% stake in e-commerce fashion website Namshi.com for $151 million.It is buying the stake from Global Fashion Group... (contd.)
Inc. Arabia Bayzat

Bayzat Raises $3 Million As MENA’s Health Insurance Opportunity Grows

UAE-based Bayzat, which provides insurance and HR solutions through an online platform, has raised $3 million from unnamed investors less than six months after it raised a round of $3.5 million.This takes... (contd.)
Hikma invests in lemonaid health

Jordan’s Hikma Takes A $11 Million Bet On An American Healthcare Services Platform

Lemonaid Health, an online platform offering healthcare services, has raised $11 million in a Series A round of funding, led by Hikma International Ventures and Development LLC (Hikma Ventures) and Novartis Venture... (contd.)
Palestine Fund Students

Palestine Get A $100 Million Fund To Boost The Next Generation Of Students

The Palestinian Education Trust (PET), a $100 million fund, has been launched to provide a fillip to the Palestinian education system by overhauling teaching and learning methods.PET, a not-for-profit organization set up... (contd.)
Careem launches delivery service

Careem Enters The Delivery Space, To Meet Fetchr Head On

Dubai-based ride-hailing firm Careem has launched BOX, a courier delivery service that can be booked via its app.BOX allows customers to pick up and deliver a variety of items such as documents... (contd.)

JadoPado Founder Leaves Noon.com Weeks Within Taking Charge Of Things

Omar Kassim, founder of JadoPado, has resigned from his CTO role at Noon.com only weeks after Dubai billionaire Mohamed Alabbar-led venture acquired the online marketplace.In a brief statement, Kassim that he stepped... (contd.)
Saudi Arabia launches new startup hub

Trump In Town, Saudi Arabia Launches A New Platform To Boost SMEs & Startups

Saudi’s General Authority of Small and Medium-sized Enterprises has launched HUB1006, a platform that aims at supporting the growth of small companies and startups in the kingdom.HUB1006 was launched during a roundtable... (contd.)
Ivanka trump fund

Look Who Just Pledged $100 Million For Ivanka Trump’s Women Entrepreneurs Fund

The UAE and Saudi Arabia have pledged a combined $100 million (Dhs367 million) to US President Donald Trump’s daughter and advisor Ivanka Trump’s proposed Women Entrepreneurs Fund.The two countries made the pledge... (contd.)
Paypal to launch in Tunisia

The World’s Biggest Payment Company Is All Set To Enter Tunisia

Online payment gateway Paypal is likely to launch its services in Tunisia soon.Paypal will submit a roadmap for the launch of its services in Tunisia before June 2017, said Mohamed Anouar Maarouf,... (contd.)
MENA Digital Investments

Digital Investments In The MENA Region Are Booming & There Is More To Come

Total investments in the technology space the UAE have grown more than 20 times from $35 million in 2013 to $799 million in 2016, according to a report.In 2016, 90% of all... (contd.)
Startup funding UAE

Just How Much Startup Funding Would Flow Through The UAE In 2018?

Startup funding worth more than $1 billion is likely to be raised in the UAE this year, according to Omar Christidis, founder and chief executive of Arabnet, an online hub for digital... (contd.)
Tesla drives into Jordan

Tesla Drives Into Jordan With A Service Center & Design Studio

After announcing its arrival in the UAE and Jordan earlier this year, Elon Musk-led US electric-car maker Tesla has launched its first service center in the Middle East region in Amman, Jordan.Located... (contd.)
Alabbar buys MEVP stake

Mohamed Alabbar Makes Another Move, Acquires Stake In Middle East Venture Partners

Dubai billionaire Mohamed Alabbar has acquired a large stake in Middle East Venture Partners (MEVP), one of the largest venture capital firms in the MENA region, according to a statement.The deal size... (contd.)
Expensya Tunisia

Tunisian Startup Expensya Raises $1.10 Million To Boost Sales & Expansion

Tunisia-based expense reporting startup Expensya has raised a fresh funding round worth $1.1 million from a group of investors.The funding will support its international expansion and enable it to enhance research and... (contd.)
Flexible work Saudi Arabia

Saudi Arabia Opens Up To The Idea Of Flexi-Work

Saudi Arabia’s Ministry of Labour and Social Development is planning to allow Saudis in the private sector to work on an hourly basis and be paid weekly, according to media reports.The new... (contd.)

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