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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 13th, 2000 - 02:00 GMT

Auto importers file suit against Jordanian cabinet

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

Toyota optimistic despite flat GCC sales in 2000

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

Saudi Aramco to stop marketing leaded petrol in January 2001

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

Oman signs deal for 90 British armored cars

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

Japan controls 52 percent of car imports in Saudi Arabia

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

Mercedes Middle East sales up 12 percent

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

Hertz car rental expands in Yemen and Lebanon

Al Bawaba
November 12th, 2000 - 02:00 GMT

Lebanese bank profits – Audi Bank-down, BLOM Bank-up

Al Bawaba
November 12th, 2000 - 02:00 GMT

Bahrain Ahli United Bank posts profits of $35 million

Al Bawaba
November 12th, 2000 - 02:00 GMT

Jericho Casino: Latest victim of violence

Al Bawaba
November 12th, 2000 - 02:00 GMT

World Bank brokers talks on Pakistan power tariff row

Al Bawaba
November 12th, 2000 - 02:00 GMT

Sharjah pays BCCI liquidators $76 million

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