Business

Musk, MrBeast, Larry Ellison - Who might buy TikTok? The future of TikTok, the wildly popular social media platform, remains uncertain as several prominent figures and companies express interest in its acquisition. Among the potential buyers are billionaire Elon Musk, internet sensation Jimmy Donaldson (better known as MrBeast), and Oracle chairman Larry Ellison. The sale of TikTok has become a focal point of political and economic tension, with implications for national security, technology ownership, and international relations. MrBeast’s Bid: A Bold Move Jimmy Donaldson surprised his tens of millions of TikTok followers by announcing his bid to purchase the platform. “I might become you guys’ new CEO!” he exclaimed in a video that has since gone viral, garnering over 73 million views. While Donaldson has shared little detail about his bid, he promised it would be “crazy,” fueling speculation about his plans for the platform. The Political Backdrop TikTok’s China-based parent co...

 Expansion of Financial and Legal Firms in the Middle East The Middle East has cemented itself as a burgeoning hub for global finance and legal operations, attracting an increasing number of top-tier firms to the region. This shift reflects the region's growing economic prominence, fueled by sovereign wealth funds, business-friendly regulations, and an environment conducive to international investment. Strategic Growth in the Financial Sector Over the past year, several major financial firms have established or expanded their presence in the Middle East. Among them, prominent asset management and investment firms have opened offices in Abu Dhabi, signaling confidence in the emirate's financial landscape. These firms are tapping into the region’s deep pools of sovereign wealth, driven by initiatives within the emirate. Dubai, long recognized as a global financial hub, continues to attract major players. Leading financial entities have expanded operations in the emirate, capitali...

  Dubai to host ‘Kyoto Trade Exhibition’ on February 10 The second edition of Japan Kyoto Trade Exhibition 2025 set to open its doors on 10th February at the Dubai World Trade Centre (DWTC). The 3-day event organised by MAICO Enterprises Inc., a leading Japanese trade organisation, aims to strengthen bilateral trade ties between the UAE and Japan, fostering economic growth, innovation, and cultural exchange. With an anticipated attendance of over 30,000 trade and public visitors, the show is poised to be the largest Japanese business matching show in the Middle East. This premier B2B event serves as a pivotal platform to enhance business partnerships between Japan, the UAE and the GCC countries. The Japan Kyoto Trade Exhibition offers participants an exceptional opportunity to explore business ventures, connect with key players, industry leaders, buyers, and decision-makers, engage in cross-cultural exchanges to strengthen ties between Japan and the UAE. Mai Sakaue, CEO of MAICO En...