Bloomberg Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok, are trading at a valuation of more than $250 billion in the secondary market, according to people familiar with the matter. The Beijing-based startup’s value has surged in recent weeks as investors gain confidence in the business and founder Zhang Yiming weighs options for an initial public ...

Abu Dhabi / WAM The Senate of the Republic of the Philippines has adopted a resolution expressing the profound appreciation of the Filipino people to His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Supreme Commander of the UAE Armed Forces, for his “gestures of compassion, concern, friendship, solidarity and support towards the Filipino people ...

DUBAI / WAM Dubai Holding partnered with Dubal Holding, ITOCHU Corporation, Hitachi Zosen Inova, Besix group and Tech Group to develop one of the world’s largest energy-from-waste (EfW) facility. The consortium of leading international companies will build and operate the AED 4 billion project under a 35-year concession period with Dubai Municipality. This landmark public-private partnership represents one of the ...