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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 16th, 2000 - 02:00 GMT

IMF urges Turkey to be vigilant on inflation, speed up privatization

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

IMF urges Turkey to be vigilant on inflation, speed up privatization

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

Turkey passes crucial bank privatization law

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

DAC to build two new detergent companies – with plans for further expansion throughout ME and Africa

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

Jebel Ali FZA to operate Sudanese free zones

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

Cheap pump prices force Iran to import more refined oil

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

Saudi oil forum aims to bridge divide between producers and consumers

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

Oil price still high after US hints it may open the taps

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

Moscow to resume nuclear cooperation with Tripoli

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

Oil slick spotted in major Iran pond

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

Marketing network wants to help get the word out about Jordan

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

Libya to attend Euromed ministerial conference in last-minute turnabout

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