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BUSINESS

BUSINESS latest

TikTok U.S. operations divested in $14B landmark deal with China
September 27th, 2025 - 11:27 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

TikTok U.S. operations divested in $14B landmark deal with China

ALBAWABA- In a high-profile move blending national security concerns with economic strategy, President Donald Trump signed an executive order approving a $14 billion deal to divest TikTok’s U.S. operations from Chinese parent ByteDance. The transaction transfers operational control and U.S. user data to American hands, averting a potential nationwide ban affecting the app’s 170 million U.S. users. President Donald Trump advanced plans for American investors to buy TikTok’s US operations ...
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Al Bawaba
November 21st, 2000 - 02:00 GMT

Why Europeans pay high price for fuel? An Iranian approach

Al Bawaba
November 21st, 2000 - 02:00 GMT

An interview with Teymour Alireza

Al Bawaba
November 21st, 2000 - 02:00 GMT

Shell Global Solutions in the Middle East – a panoramic view – part two:

Al Bawaba
November 21st, 2000 - 02:00 GMT

Shell Global Solutions in the Middle East – a panoramic view – part one:

Al Bawaba
November 21st, 2000 - 02:00 GMT

Cyprus Petroleum Refining signs Service Agreement - Aiming for continuous performance improvement

Al Bawaba
November 21st, 2000 - 02:00 GMT

Pakistan – part one:

Al Bawaba
November 21st, 2000 - 02:00 GMT

Egypt plans to quadruple cargo water traffic by 2005

Al Bawaba
November 21st, 2000 - 02:00 GMT

Egypt’s corn and rice output expands

Al Bawaba
November 21st, 2000 - 02:00 GMT

Water desalinizing conference held in Kuwait

Al Bawaba
November 21st, 2000 - 02:00 GMT

Morocco’s Ramadan meat and milk consumption

Al Bawaba
November 21st, 2000 - 02:00 GMT

Jordan signs new water, agriculture agreements

Al Bawaba
November 21st, 2000 - 02:00 GMT

OPEC daily basket price up $1.22 to $32.29 per barrel Monday

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