Tuesday , 16 December 2025

Recent Posts

UAE upholds multilateralism, outlines priorities for UN75

NEW YORK / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, will lead the UAE’s delegation to the 75th session of the UN General Assembly and will virtually address the body on September 29 during the General Debate. During the high-level week, the UAE delegation will be engaging with other member states, UN …

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Saudi companies begin talks to form $11bn chemicals maker

Bloomberg Saudi Industrial Investment Group and National Petrochemical Co. started talks to merge, potentially creating a firm with $11 billion in assets as Middle Eastern energy companies assess their options in a lower oil-price environment. The talks are at an initial stage, and no agreement has been reached, the companies said on Sunday. Saudi Industrial owns 50 percent of National …

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TikTok owner seeking $60b valuation in US deal

Bloomberg China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address US security concerns, according to a person familiar with the matter. Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that …

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