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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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November 14th, 2000 - 02:00 GMT

SembCorp awarded three major offshore contracts

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November 13th, 2000 - 02:00 GMT

Toyota optimistic despite flat GCC sales in 2000

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November 13th, 2000 - 02:00 GMT

Abu Dhabi to launch official stock market

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November 13th, 2000 - 02:00 GMT

Egyptian-Japanese credit line approved

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November 13th, 2000 - 02:00 GMT

Report: Pakistan’s market share threatened by Turkey

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November 13th, 2000 - 02:00 GMT

Barclays Private Banking head affirms increased Mid-East investment

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November 13th, 2000 - 02:00 GMT

Developing countries to use Internet to leapfrog economic development

Al Bawaba
November 13th, 2000 - 02:00 GMT

Euro rises against dollar in Tokyo trade

Al Bawaba
November 13th, 2000 - 02:00 GMT

Energy Ministry invites firms to bid for construction of wind power plants

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November 13th, 2000 - 02:00 GMT

New oil-producing consortium founded in Sudan

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November 13th, 2000 - 02:00 GMT

OPEC calls meeting to head off threatened oil glut

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November 13th, 2000 - 02:00 GMT

OPEC chief says oil prices will fall next year

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