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  • Abu Dhabi royal family to take stake in TikTok US under Trump deal

    MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take 15% stake, with social media firm valued at $14bn Trump signs executive order to transfer TikTok to US owners The Abu Dhabi royal family is to take a stake in TikTok’s US business after Donald Trump signed an executive order brokering a deal valuing…

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