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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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With the recently announced freehold law, investing in Abu Dhabi real estate has become more attractive.
July 17th, 2019 - 06:30 GMT

It's the Right to Time to Invest in Abu Dhabi's Real Estate

Lagarde on Tuesday announced that she formally submitted her resignation from the IMF position with effect from September 12, 2019
July 17th, 2019 - 05:26 GMT

Lagarde Resigns as IMF Chief

The updated Twitter website brings more of What's Happening along with easy access to other features.
July 16th, 2019 - 11:26 GMT

Twitter Users Unhappy About New Desktop Look

Authorities across the world are struggling to deal with domestic waste following moves by China and other Asian nations to stop accepting exported waste from Europe and North America.
July 16th, 2019 - 09:09 GMT

Saudi Arabia Aims to Recycle 81 Percent of Riyadh's Waste

The situation is set to improve during the second half, which may only constitute a hiatus before a new wave of non-OPEC production to the tune of 2.1 million bpd hits the markets.
July 16th, 2019 - 09:09 GMT

Oil Markets Brace for Non-OPEC Supply Increase

This collaboration was originally intended to improve the quality of lives in Egypt by boosting the economy and decreasing unemployment.
July 16th, 2019 - 09:04 GMT

'Ministry of Happiness' in Egypt: Rumor or Fact?

Total exports rose only 0.1 percent on-year during the first six months.
July 16th, 2019 - 09:01 GMT

China GDP Growth Slows to 6.2 Percent in Q2, Weakest Pace in 30 Years

Oman’s dependence on imported goods has decreased, according to data from the National Centre for Statistics and Information.
July 16th, 2019 - 08:11 GMT

Oman's Imports Plummet by 9.1 Percent

The project will slash annual CO2 emissions by 3,243 metric tonnes.
July 16th, 2019 - 08:11 GMT

Dubai Installs Region's Largest Airport Solar Energy System

Work under the contract will be performed at the company's plant in Mesa, Ariz., with an estimated completion date of Dec. 31, 2024.
July 16th, 2019 - 08:08 GMT

Boeing Awarded $96.9 Million Contract to Provide UAE With Apache Helicopters, Training Support

Some banks are using robots to make their banking services easier to access.
July 16th, 2019 - 07:58 GMT

People Using Digital Banking in UAE Soar to 90 Percent

In March, Pakistan had partially opened its airspace but kept it closed for Indian flights.
July 16th, 2019 - 07:37 GMT

Indian Airlines Resume Flights Operations Over Pakistan Airspace

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