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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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Unfortunately, oil is now being used as a tool to put pressure on Iran and other members such as Venezuela
July 2nd, 2019 - 01:00 GMT

Iran Exempted From OPEC Agreement Again

The country's total import of oil products also increased by 15.35% in April to 3.58 million tonnes compared to April 2018.
July 2nd, 2019 - 12:30 GMT

Turkey’s Crude Oil Imports Up by 60.94 Percent in April 2019

The slowdown in exports of chemicals is bound to hit South Korea’s smartphone market which is leader in the region.
July 2nd, 2019 - 12:00 GMT

New Trade War Starts Between Japan and South Korea

Turkey is one of the first countries to support China’s Belt and Road Initiative
July 2nd, 2019 - 11:30 GMT

Turkey Compliments Ties With China

Google Maps has a service called “Match”, which suggests restaurants based on your past dining experiences and tastes.
July 2nd, 2019 - 11:00 GMT

Pay Attention.. Google Is Tracking Your Every Move

The main challenge Jordan will face is to reduce its expenditures
July 2nd, 2019 - 10:30 GMT

Moody’s Expects Jordan’s Debt-to-GDP Ratio to Decline

Jordan’s real estate sector has been witnessing sharp decline in the last few years
July 2nd, 2019 - 10:00 GMT

Jordan: New Modern Real Estate Law Tackles Many Challenges Facing the Sector

Wages in Oman grew 11.4 per cent over the past ten years
July 2nd, 2019 - 09:00 GMT

Report: Omanis Got Highest Regional Wage Growth Among Arab Countries

On a monthly basis, Saudi transfers increased by 22.7 percent.
July 2nd, 2019 - 08:00 GMT

Remittances of Expats in Saudi Arabia Drop by 21.6 Percent in May

Arab countries declined in the investment attractiveness index for 2019.
July 2nd, 2019 - 07:30 GMT

Qatar's Foreign Direct Investment Drops 322 Percent

Consumers are more likely to increase use of digital channels if banks increase security
July 2nd, 2019 - 07:10 GMT

Digitization the Only Way for Banking Sector… It Won’t Threaten Jobs

Canada came out on top, with 58 per cent of respondents saying they would consider a move to the country.
July 2nd, 2019 - 06:30 GMT

Survey: Canada Top Relocation Destination for UAE Residents

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