Jojo Puthuparampil

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Jojo Puthuparampil is a business news writer for Inc. Arabia.
Emaar malls confirms bid for Souq.com

More Drama: Emaar Malls Confirms That It Put In A $800 million Bid For Souq.com

Emaar Malls, which is headed by Dubai billionaire Mohamed Alabbar, has confirmed that it made an offer to acquire online retailer Souq.com, challenging an existing bid from global e-commerce giant Amazon.com Inc.“Emaar... (contd.)
Mara buys Nimbuzz

Mara Buys Nimbuzz To Show That Messaging Apps Are Gonna Be Hot For A While

Dubai-based Mara Social Media has acquired mobile calling and messaging app Nimbuzz.The acquisition of Nimbuzz will create a stronger foundation for future growth in emerging markets, Mara Social Media said in a... (contd.)
US UAE laptop Ban

No One Really Thinks The US Laptop Ban On Gulf Airlines Is About Terrorism Alone

The inclusion of UAE airports in the recent US ban on laptops and tablets being carried onto cabins of aircraft originating from the MENA region is ‘surprising’, according to the chairman of... (contd.)
Noon challenges Amazon for Souq

And Now, Emaar’s Alabbar Challenges Amazon For Souq.com With $150 Million More

Emaar Malls, which is headed by Dubai billionaire Mohamed Alabbar, has made an offer to acquire online retailer Souq.com, challenging an existing bid from global e-commerce giant Amazon.com Inc.Emaar Malls, the shopping-center... (contd.)
Datavora raises $470k

Tunisian Startup Goes Big With Big Data, Raises A Cool $470K

Tunisian big data startup Datavora has raised over TD1 million in seed funding.Investors included UGFS (United Gulf Financial Services-North Africa) and two Tunisian investment funds, personal investors, family and friends, and employees,... (contd.)
Noon.com to launch soon

Alabbar’s Noon.com Will Finally Launch After Missing January Deadline

Middle East-based online shopping platform Noon.com, founded by Dubai billionaire Mohamed Alabbar, is said to be launching within a few weeks after a delay from its initial January launch date.Noon’s launch comes... (contd.)
Only a tiny proportion of travelers may switch airlines, he says.

Dubai Airports Chief (Bravely) Says Electronics Ban Will Not Hit Passenger Numbers

A ban on most carry-on electronic devices on flights to the US will not significantly affect passenger numbers at Dubai International Airport where flights depart to 12 US cities daily, according to... (contd.)
Charging stations are located at Dubai Silicon Oasis’ premises.

A Dubai Free Zone Is Now Offering Free Recharges For Electric Cars Till The End Of 2017

In a bid to encourage people to buy or rent zero-emission electric cars, free zone technology park Dubai Silicon Oasis will allow electric vehicle owners to use the charging stations at its... (contd.)
Devices affected by the US ban include laptops, tablets, iPads and cameras.

Business Travel: Emirates Tries A Workaround Trump’s Laptop & Tablet Ban

As part of its efforts to minimize the impact of an electronics ban on routes to the US, Dubai's flag carrier Emirates will let passengers take their laptops and tablets past security... (contd.)
A deal between the two is expected to change the ecommerce ecosystem in MENA.

Reports: Amazon.com Acquires Souq.com For $650-$800 Million

Global e-commerce giant Amazon.com Inc has agreed to acquire MENA retailer Souq.com just two months after walking away from talks to purchase the Dubai-based online retailer following disagreements over the price.However, both... (contd.)
Firms with taxable supplies worth more than Dhs375,000 need to register.

UAE’s Private Businesses Will Be Able To Register For VAT After June 2017

UAE’s Ministry of Finance said registration for businesses for the upcoming value added tax (VAT) would begin in the second half of the year.The firms with taxable supplies below Dhs375,000 but over... (contd.)
It targets 141,000 jobs.

Saudi Arabia Mulls A Work From Home Program For Its Women

Saudi Arabia is seeking to increase the percentage of women in its workforce through a remote employment and work-from-home program.The program is expected to create 141,000 jobs opportunities and increase female representation... (contd.)
They will coordinate fleets and payments.

Careem Teams Up With Chinese Partner To Take On Uber Globally

Dubai-based ride-hailing service Careem will partner with three-year-old Chinese counterpart Yidao Yongche and share resources in an attempt to tackle Uber globally.They will use the London-based start-up Splyt Technologies to coordinate their fleets... (contd.)
Dubai and Abu Dhabi airline passengers to be hit.

Business Travel Alert: Traveling To The US From MENA? Leave That iPad or Laptop Behind

The US government is temporarily barring passengers on certain flights originating in eight countries in the MENA region from bringing electronics items including laptops, iPads, and cameras in carry-on luggage starting Tuesday.The... (contd.)
They will have to pay 20% tax.

Saudi Ready To Give Expat Freelancers A Chance If They Pay A Tax

The Saudi Arabian government is likely to give expatriates an opportunity to opt for self-employment.It is considering a proposal which would allow foreigners to register as self-employed by paying an estimated tax... (contd.)

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