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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 12th, 2000 - 02:00 GMT

Kuwait's oil giant posts 1999/2000 net profit of $2.29 billion

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

Oil companies strike rich as crude price soars

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

Demand for computers in UAE increases 15-25 percent

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

OPEC faces output juggling act over oil prices

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

OPEC grapples with fears of oil supply glut

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

OPEC to broach 2001 supply glut fears at Vienna

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

Pakistan promises safe route for Iranian gas

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

Qatar energy minister rules out immediate output hike

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

World oil demand set to rise to 77 mbd in winter

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

Virgin Megastore to open first ME store in Beirut

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

Drucker announces completion well in Egypt

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

Canadian Occidental changes name, updates activity

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