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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

BSE activity recedes amid regional uncertainty

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

Lebanese government issues a $300 million eurobond

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

Iran and Pakistan ready to do business

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

Syria will supply gas to Lebanon

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

Iranian steel industry needs $3.7B

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

Iran’s national oil firms going public

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

New oil and gas plans for Egypt

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

Maaden to begin gold production at two sites

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

contract with Gaz de France agreed for the supply of 2 billion cubic metres a year of Libyan natural gas

Al Bawaba
November 16th, 2000 - 02:00 GMT

Syrian government ends rice, sugar subsidies

Al Bawaba
November 16th, 2000 - 02:00 GMT

Abu Dhabi launches second hi-tech stock market

Al Bawaba
November 16th, 2000 - 02:00 GMT

Jordan’s 2001 draft fiscal budget at JD2.35 billion

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