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Tata receives a license in Saudi Arabia, Uber launches a bus service in Egypt, and other news | The Middle East Weekly Roundup

Saudi Payments and JCB International agree on a partnership to enable the acceptance of JCB cards in Saudi Arabia.

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One can borrow up to RMB 500 (USD 71) with a repayment schedule of seven days,
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CHINA BRIEF | TikTok owner ByteDance now offering micro loans
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The company has undergone significant transformations since its inception.
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Fetchr secures USD 15 million in fresh funds after cutting over 1,200 jobs: report
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The accelerator program is run in Singapore and San Fransisco, in partnership with Enterprise Singapore under the Global Innovation Alliance network.
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500 Startups graduates 24 startups in accelerator programs, opens up for next batch
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The companies will proceed to Stage I where they have to win public votes.
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Meet the 64 Malaysia startups advancing in Gobi’s startup championship
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The company raised USD 7.5 million in its Series B round led by Alibaba-backed BAce Capital.
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ByteDance in talks to invest in Indian edtech company Lido Learning
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The feature is only available to users in some regions as of now.
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Meituan tests new group meal-buying feature Pinhaofan
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In a letter to employees, Sorabel informed that it will be closing its operations by July 30.
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Indonesian fashion e-commerce site Sorabel files for liquidation
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Rapid investment in next-generation network supports surge in demand.
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China’s 5G phone shipments set to top 100 million this year
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