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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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Sudan’s GDP in 2019 is expected to grow by 3.1 percent in line with the forecasts of equal economic growth in sub-Saharan Africa.
September 4th, 2019 - 05:35 GMT

Sudan’s Growth Rate Declines 2.1 Percent in Q2 2019

Total ownership of foreign investors stood at 8.33 percent of total market capitalization late August, representing an increase of 0.47 percent from July
September 3rd, 2019 - 01:30 GMT

Saudi Stock Value Soars 20.8 Percent in August

About 3.7 million students have joined 12,791 schools across various governorates
September 3rd, 2019 - 01:00 GMT

How Poverty Shatters the Dreams of Syria's Youth

In 2018, there were 241 residential units sold in off-plan sales over Dh5 million compared to 17,235 units which were sold under Dh5 million.
September 3rd, 2019 - 12:30 GMT

Demand for Affordable Properties Soars in Dubai

The Jordanian market is important for Qatar Airways
September 3rd, 2019 - 12:00 GMT

Qatar Airways Inaugurates New Offices in Jordan

Tehran said this planned third reversible step would be outlined in the middle of this week.
September 3rd, 2019 - 11:30 GMT

Iran, France Working on Salvaging International Nuclear Deal

Qatar Chamber’s Chairman also noted that Italy was a distinguished destination for Qatari investments, which are distributed in many sectors.
September 3rd, 2019 - 11:00 GMT

Qatar-Italy Trade Volume Records 15 Percent Growth

The US pavilion promises to be one of the most visited and interesting of Expo 2020 Dubai.
September 3rd, 2019 - 10:30 GMT

Expo 2020 Boost UAE-US Economic Relations

Last year, 100 per cent of all customer complaints aired on media were resolved in a timely manner, depending on the nature of the issue
September 3rd, 2019 - 10:00 GMT

UAE to Establish Stricter Social Media Rules

The market closed out August with its second monthly decline this year, after May.
September 3rd, 2019 - 09:30 GMT

Majority of Asian Stocks Fall as US, China Escalate Trade War

The move comes as the government prepares for an IPO of the state-owned oil company.
September 3rd, 2019 - 09:00 GMT

Saudi Arabia Assigns New Chairman for Aramco

During that 5-month period, the value of imports stood at $17.7 billion.
September 3rd, 2019 - 08:30 GMT

Iran's Non-Oil Exports Over 5 Months Amount to $17.8 Billion

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