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AI Data Center

June 29th, 2026 - 06:34 GMT

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 ...

Automation is now a key driver for the full spectrum of industries, including ecommerce.

July 11th, 2019 - 09:16 GMT

Report: Middle East Logistics Market to Reach $66.3 Billion by 2020

Moody’s issued a report saying Jordan's debt-to-GDP ratio is expected to be on a gradually declining path as fiscal consolidation in the Kingdom is expected to resume this year and next.

July 11th, 2019 - 09:05 GMT

Foreign Direct Investments in Jordan Plummet by $33 Billion in Q1 2019

The eurozone/euro area or EA19 countries represents member states that use the single currency -- euro -- while the EU28 includes all member countries of the bloc.

July 11th, 2019 - 08:53 GMT

Eurozone's GDP Expectation for 2020 Slips to 1.4 Percent

Amid rising public outrage at the minimal tax paid by some of the world’s richest firms, French lawmakers are due to approve the proposed Digital Services Tax (DST) law as soon as Thursday.

July 11th, 2019 - 08:32 GMT

US Threatens France With Sanctions Over Proposed ‘Unfair’ Tax on Tech Giants

Unverified reports have even suggested that miners from China have launched several bitcoin farms across the country.

July 11th, 2019 - 07:05 GMT

Iranian Government to Authorize Cryptrocurrency Mining

Jordan’s exports to North American Free Trade Agreement (NAFTA) countries have increased by 2.5 per cent, including to the US by 3 per cent.

July 11th, 2019 - 07:04 GMT

Jordan’s Exports to EU Fall 2.6 Percent While Exports to US Surge 3 Percent

For sovereigns in the Middle East, investment risk is seen as the biggest challenge to investing in China.

July 11th, 2019 - 06:48 GMT

China’s Attractiveness Rating for Sovereign Investors Higher Than Peers Despite US-China Trade War

Taking effect on Wednesday, the policy covered content that dehumanises others based on their membership in an identifiable group, even when the material does not include a direct target.

July 11th, 2019 - 06:47 GMT

Twitter Upgrades Its Anti-Hatred Policy

With this expansion, Nielsen DAR clients in the UAE will have access to age and gender demographics for consumers viewing advertising on YouTube mobile app, as well as audience reach and frequency.

July 11th, 2019 - 06:46 GMT

Nielsen Includes UAE in Its YouTube Digital Ad Ratings' Expansion

One employee received Dh200,000 for psychological damages from a civil court last year.

July 11th, 2019 - 06:46 GMT

Expats Sue Offensive UAE Employers for Thousands of Dirhams in Psychological Damages

Dr. Ulrich Hackenberg, board member in charge of development of Volkswagen Group, introduces the new VW Beetle at the 2012 North American International Auto Show at the Cobo Center in Detroit, January 9, 2012.

July 10th, 2019 - 12:12 GMT

Volkswagen Ends Production of Iconic Beetle

Despite the growing global population, the United Nation predicts food production will outpace demand over the next 10 years, causing prices to fall.

July 10th, 2019 - 11:17 GMT

Global Food Prices to Drop Over the Next Decade Despite Increasing Demand