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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 auto maker's strategy for its range of electric cars is to keep them visually similar to their conventionally powered counterparts.
October 10th, 2019 - 08:54 GMT

BMW to Introduce Electric Hatchback by 2021

Russia and Turkey increased their value of trade to $25.5 billion at the end of 2018.
October 10th, 2019 - 07:56 GMT

Russia, Turkey to Settle Payments Using Local Currencies

In July, Seoul’s crude shipments from the US almost tripled to 14,782 barrels from the year before.
October 10th, 2019 - 07:48 GMT

Saudi Arabia Remains South Korea’s Top Oil Supplier in Absence of Iranian Shipments

US duties on $250 billion in Chinese imports are due to rise in five days while relations deteriorated through the week.
October 10th, 2019 - 07:08 GMT

US-China Trade Talks to Resume Amid Low Expectations After US Latest Maneuver

Meanwhile, the Organization of the Petroleum Exporting Countries (OPEC) has granted Nigeria a higher oil output target under an OPEC-led supply cut deal.
October 10th, 2019 - 06:57 GMT

Oil Prices Fall Amid No Significant Progress in US-China Trade Talks

Dubai almost doubled its foreign trade value in IT and telecom industry over the past decade.
October 10th, 2019 - 06:47 GMT

Dubai's Non-Oil Sector Recovers Due to Solid Increase in Sales

The companies announced the investment Tuesday, saying they will work together on broadening commercial access to space and transforming global travel technologies.
October 10th, 2019 - 06:27 GMT

Boeing Plans to Invest $20 Million in Virgin Galactic

Aramco’s regular production of 11.3 million bpd recovered faster than anticipated after the attacks of Sep. 14.
October 9th, 2019 - 10:48 GMT

Saudi Aramco to Produce 12 Million bpd by End of November

S&P Global Ratings’ base-case scenario continues to exclude a full-scale military intervention in the region or a disruption in oil production or supply.
October 9th, 2019 - 10:34 GMT

S&P Global Ratings: GCC Banks to Maintain Stable Financial Profiles In 2020

Overall, in terms of quality of life, Oman has been ranked 35th in the world among the 64 countries polled.
October 9th, 2019 - 10:31 GMT

Report: Oman Is World’s Safest Country for Expats

Right now, only iOS 13 users can update their apps and get the new Instagram theme.
October 9th, 2019 - 09:51 GMT

Instagram Rolls out Dark Mode for iPhone Users

Two-factor authentication adds an additional layer of security to the authentication process by making it harder for hackers to gain access to your accounts.
October 9th, 2019 - 09:18 GMT

Twitter Apologizes to Its Users for Another Privacy Breach

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