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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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The researchers identified trending destinations based on the highest total internal tourism revenues in their regions.
October 23rd, 2019 - 07:30 GMT

Global Tourism Revenue to Hit $5.9 Trillion in 2019

The UAE government amended its previous provision under which only listed professions could apply for family sponsorship visa.
October 23rd, 2019 - 07:00 GMT

Apply, Renew or Cancel UAE Family Visa on DubaiNow App

Foreign states should now help with moves to support Lebanon
October 23rd, 2019 - 06:08 GMT

Lebanese Banks Remain Shut for a Fifth Working Day

GCC’s volume of trade exchange during the period between 2013 and 2016 had witnessed a decline
October 23rd, 2019 - 05:06 GMT

GCC Foreign Trade Hits $1.1 Trillion, a Growth of 11.1 Percent

Capital revenue shot up to OMR75 million during the first eight months of 2019
October 22nd, 2019 - 12:30 GMT

Oman’s Government Budget Deficit Drops 24.7 Percent

Africa's intra-trade rate is just 16 percent
October 22nd, 2019 - 12:00 GMT

Africa Has the Potential to Be the World’s Largest Free Trade Area

The global trading system needs to be improved, not abandoned
October 22nd, 2019 - 11:30 GMT

IMF: Policymakers Must Undo Trade Barriers to Revive Global Growth

Iran expects to realize two major leaps in the sector by 2025
October 22nd, 2019 - 11:00 GMT

Iran: Petrochemical Exports at a Satisfactory State

The share of renewables in power generation is expected to rise to 30 percent in 2024 from 26 percent today.
October 22nd, 2019 - 10:30 GMT

Global Renewable Energy Capacity to Rise by 50 Percent in 5 Years

ACWA will invest $3 billion in Bangladesh’s energy development sector
October 22nd, 2019 - 10:00 GMT

Saudi Arabia to Invest $3 Billion in Bangladesh’s Power Sector

Security and stability at the regional level was a matter of concern for 9 per cent of surveyed Jordanians.
October 22nd, 2019 - 08:30 GMT

Unemployment, Economic Situation Highest Priority Issues for Jordanians

The total amount of receivables collected by the Treasury stood at 1 billion Turkish liras
October 22nd, 2019 - 08:00 GMT

Turkish Central Government Gross Debt Stock Over $220 Billion

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