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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 visit comes within the framework of strengthening trade and economic ties between the business sectors in the two countries
September 30th, 2019 - 06:30 GMT

Vietnam, Saudi Arabia Discuss Trade Cooperation

The budget for the fiscal year 2019 was the largest in the UAE with zero-deficit.
September 30th, 2019 - 06:00 GMT

UAE Increases Federal Budget by 2 Percent in 2020

The protesters gathered Sunday in the central Martyrs Square
September 29th, 2019 - 01:00 GMT

Lebanese Protest in Beirut over Declining Economic Crisis

The construction sector topped the list with 26.7pc of the new licences.
September 29th, 2019 - 12:00 GMT

Number of Expatriate Workers in Bahrain Drop 11 Percent in Q2

The central bank has also provided about $8 billion for imports of medicine and essential goods
September 29th, 2019 - 11:30 GMT

CBI: Country’s Imports Over $19 Billion of Basic Goods in H1 2019

Turkey has pushed for the 20-mile (32 km) deep “safe zone” to be established along more than 400 km of its border with northeast Syria.
September 29th, 2019 - 11:00 GMT

Turkey Plans to Build Towns Worth $27 Billion in Syria ‘Safe Zone’

Andy Heather, General Manager EMEA, Centrify.
September 29th, 2019 - 10:52 GMT

Centrify to Highlight the Role of Zero Trust Privileged Access Management in Cloud Security at Gitex 2019

Interim strategic plan for Sudan aims to create a distinctive education system based on science and values.
September 29th, 2019 - 10:30 GMT

Sudan Gets $ 59.7 Million Grant to Improve the Education Sector

Qatar’s tourism sector has proven to be a promising market for investors and businesses.
September 29th, 2019 - 09:30 GMT

Qatar’s Tourism Sector Grows at 11 Percent in August

Qatar has allocated huge investments on the health sector by providing more than 1,100 beds and opening four new health centers
September 29th, 2019 - 09:00 GMT

$6.2 Billion Worth of Investments in Qatar's Healthcare in 2018

UberTaxi can be accessed through the Uber app as another choice in service in addition to UberX.
September 29th, 2019 - 08:30 GMT

Saudi Arabia the First to Benefit From UberTaxi Service in the GCC

The solar power market in MENA is estimated to be worth more than $20 billion, according to MESIA
September 29th, 2019 - 08:00 GMT

$15 Billion Solar Projects in the Middle East Expected to Be Operational in 5 Years

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