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AI Data Center
June 29th, 2026 - 06:34 GMT
P. Choiaqo

P. Choiaqo

South Korea to invest $650 billion into AI data centers by 2035

ALBAWABA - While some are wary of a possible AI bubble, others investing heavily into it - foreseeing returns on investments in 10-15 years, one such country is South Korea. South Korea cementing its already renowned status of a tech and innovation hub and powerhouse has decided to invest nearly a quadrillion won ($650 million) in AI data centers over the next nine years. "By 2035, we will build additional ...
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A major Japanese company in the entertainment industry, is planning on “launching its own office in Saudi Arabia
October 24th, 2019 - 07:00 GMT

Japan Mulls Investing in Saudi Entertainment, Tourism Sectors

Saudi Arabia has raised $3.3 billion in its first bond sale in that currency and $7.5 billion in conventional bonds in January.
October 24th, 2019 - 06:45 GMT

Saudi Debt Issuance Drops 17 Percent in October

The new budget includes new measures that push investment especially reducing the marginal price of the tax on companies
October 24th, 2019 - 06:30 GMT

Morocco to Lower Its Fiscal Deficit to 3.5 Percent

British outward investment is making an important contribution in various economic sectors in the sultanate.
October 23rd, 2019 - 01:00 GMT

Oman,UK Trade Soars to $3.7 Billion in 2018

The occupancy levels in the Middle East increased 2.4% to 62.2%
October 23rd, 2019 - 12:00 GMT

Middle East Hotels Show Mixed Performance for Q3 2019

Bilateral interaction between people and government officials will be accelerated.
October 23rd, 2019 - 11:00 GMT

US Economic War Has Not Stopped Economic Growth of Iran

Qatar-Turkey bilateral trade stood at $2.3bn in 2018; by the end of the year
October 23rd, 2019 - 10:30 GMT

Qatar-Turkey Investment Ties Expected to Grow

Around 3,000 apartments and villas have come in multiple areas in Qatar in the first quarter of this year
October 23rd, 2019 - 10:00 GMT

Qatar's Real Estate Transactions Increase 20 Percent in Q1 2019

The 2019 growth rate falls within the government's annual goal of between 6 and 6.5 per cent
October 23rd, 2019 - 09:30 GMT

China’s Economy Increase 6 Percent, Slowest Growth Since 1992

Turkey saw an annual hike of 9.26% in consumer prices in September
October 23rd, 2019 - 09:00 GMT

Economists: Turkey’s Central Bank to Cut Interest Rates

Unemployment rate is “way larger” than the provided jobs
October 23rd, 2019 - 08:30 GMT

Jordan’s Government Close to Achieving Job-Creation Goal for 2019

In May 2019, Dubai Free Zone Council had announced plans to launch of "One Free Zone Passport"
October 23rd, 2019 - 08:00 GMT

Dubai Considers Doubling Rental Contracts In Free Zones to 50 Years

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