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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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Reports have previously linked DarkMatter to a hacking programme run by the Emirati authorities.
July 10th, 2019 - 06:13 GMT

Mozilla Prevents UAE from Becoming Internet Gatekeeper Fearing It Would Spy on Internet Users

The weaker global economic outlook is keeping oil prices under downward pressure
July 9th, 2019 - 01:00 GMT

Oil Prices Plummet Amid Trade Disputes

Egyptian markets saw an average revenue per available room (RevPAR) growth of 24 per cent in the first five months of 2019 compared to the same period last year.
July 9th, 2019 - 12:00 GMT

Egypt Hospitality Market Witnesses Strong Growth in Performance Levels

The business council meeting evaluated trade between the two countries
July 9th, 2019 - 10:30 GMT

Jordan, Tunisia to Increase Bilateral Trade

The economic analysis found Jordan incurred losses of JD1.6 billion in 2015, representing 6 per cent of overall GDP, due to widespread consumption of tobacco. 
July 9th, 2019 - 10:00 GMT

Tobacco Costs Jordan 6 Percent of Its GDP

The workers would receive training in various sectors, including driving and nursing, and earn higher wages.
July 9th, 2019 - 09:54 GMT

50,000 Ethiopian Workers to Be Sent to UAE

There is the 20% option and there are options even higher than that but each in its own place.
July 9th, 2019 - 09:30 GMT

Iran Mulls 20 Percent Uranium Enrichment as Next Step in Reducing Nuclear Deal Commitments

The AU estimates that the deal will lead to a 60-percent boost in intra-African trade by 2022.
July 9th, 2019 - 09:00 GMT

African Leaders Launch Operational Phase of AfCFTA Free Trade Deal

Structural steel imports from China and Mexico together amounted to $1.5 billion in 2018
July 9th, 2019 - 08:30 GMT

US Announces New Duties on Mexican and Chinese Steel

The investment environment in Turkey has changed rapidly in recent years
July 9th, 2019 - 08:00 GMT

Gulf Investors Identify Five Challenges Facing Turkey

Late Steve Jobs was a master at keeping employees motivated and working long hours, Bill Gates says.
July 9th, 2019 - 07:00 GMT

Gates: Steve's Spell Didn't Work on Me

The number of tourists rose 17 percent in the first half of this year to 3.8 million compared to the same period in 2018.
July 9th, 2019 - 06:30 GMT

Tunisia’s Tourism Revenues Hit $692 Million in H1 2019

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