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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 19th, 2000 - 02:00 GMT

OPEC cannot do any more to ease high oil prices

Al Bawaba
November 19th, 2000 - 02:00 GMT

Saudi Arabia vows to work to stabiles oil markets

Al Bawaba
November 19th, 2000 - 02:00 GMT

UAE central bank setting up network to aid development of e-banking

Al Bawaba
November 19th, 2000 - 02:00 GMT

Saudi to push price deal with consumers at oil forum

Al Bawaba
November 19th, 2000 - 02:00 GMT

US and EU warn oil states of global economic harm from high prices

Al Bawaba
November 19th, 2000 - 02:00 GMT

Jordan to protect local manufacturers

Al Bawaba
November 19th, 2000 - 02:00 GMT

OPEC daily basket price down 49c to $31.87 per barrel Thursday

Al Bawaba
November 19th, 2000 - 02:00 GMT

German and Dutch leaders confident of euro pickup

Al Bawaba
November 19th, 2000 - 02:00 GMT

Russia, Ukraine Discuss End To Gas Siphoning

Al Bawaba
November 19th, 2000 - 02:00 GMT

Algeria Trumpets Increased Oil and Gas Investment

Al Bawaba
November 19th, 2000 - 02:00 GMT

Iberia may buy BA's Go airline

Al Bawaba
November 19th, 2000 - 02:00 GMT

U.S. Says Iraqi-Syrian Line Must Be Under U.N. Control

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