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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 9th, 2000 - 02:00 GMT

Kuwaiti shares index continues the downward trend

Al Bawaba
November 9th, 2000 - 02:00 GMT

Representatives from over 70 countries expected at IOSCO Emerging Securities Markets Committee meeting

Al Bawaba
November 9th, 2000 - 02:00 GMT

Iraq threatens halt to oil exports

Al Bawaba
November 9th, 2000 - 02:00 GMT

Shell and EGPC sign protocol to convert Egypt's Gas to Liquids

Al Bawaba
November 9th, 2000 - 02:00 GMT

Integrating technology to meet energy challenges – part one

Al Bawaba
November 9th, 2000 - 02:00 GMT

Integrating technology to meet energy challenges – part two

Al Bawaba
November 9th, 2000 - 02:00 GMT

Lube Oil Blending Plant

Al Bawaba
November 9th, 2000 - 02:00 GMT

Vision and Reality - Realizing the Commercial Prospects for Deepwater Production – part one

Al Bawaba
November 9th, 2000 - 02:00 GMT

Vision and Reality - Realizing the Commercial Prospects for Deepwater Production – part two

Al Bawaba
November 9th, 2000 - 02:00 GMT

Iraq to buy cars, buses, bulldozers in trade fair deals

Al Bawaba
November 9th, 2000 - 02:00 GMT

New public budget for Yemen discussed

Al Bawaba
November 9th, 2000 - 02:00 GMT

PM says phosphate company up to challenges

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