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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

Shell to buy $300 million stake in CNOOC

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

Airbus set to sign contracts with Iraq and UAE

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

OPE designs, model tests new floating platform

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

Royal Air Maroc to buy 22 Boeings in $1 billion

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

Airline protests reverse Bahrain Amnesty rates

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

Jordan to help rehabilitate grounded Iraqi aircraft

Al Bawaba
November 20th, 2000 - 02:00 GMT

Lebanon’s banking sector: An overview

Al Bawaba
November 20th, 2000 - 02:00 GMT

Oil consumers, producers disagree on prices and supply

Al Bawaba
November 20th, 2000 - 02:00 GMT

Iran parliament planning review of all foreign oil contracts

Al Bawaba
November 20th, 2000 - 02:00 GMT

New oil field discovered in Iranian waters

Al Bawaba
November 20th, 2000 - 02:00 GMT

Official summary of International Energy Forum

Al Bawaba
November 20th, 2000 - 02:00 GMT

OPEC majority has not ruled out oil supply increase

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