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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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The Saudis represented about 24.4 percent of the job holders.
June 23rd, 2019 - 12:30 GMT

Expats Still Control Over 75 Percent of Jobs in Saudi Arabia Despite Saudization Efforts

Currently over 10 million expats work and live in Saudi Arabia.
June 23rd, 2019 - 12:00 GMT

Saudi Arabia Launches New Residency Scheme for Expats

The issue of our Palestinian people is a nationalistic issue
June 23rd, 2019 - 11:30 GMT

Palestinians Dismiss Economic Part of Middle East 'Peace Plan'

Leading airlines around the world are rerouting some of their flight paths to avoid Iranian airspace
June 23rd, 2019 - 11:00 GMT

Airlines to Stay Away From Iranian Airspace Due to Ongoing US-Iran Tensions

All of the entities will be effectively barred from obtaining US technology after the government determined they were "acting contrary to the national security or foreign policy interests of the United States."
June 23rd, 2019 - 10:30 GMT

US Blacklists 5 Chinese Tech Firms Over National Security Concerns

It was gold’s turn to take centre stage on Friday, with the commodity reaching $1,412.08 an ounce, the highest level since September 2013
June 23rd, 2019 - 10:00 GMT

Gold Prices Soar Amid the Rise in US-Iran Tensions

A 737 MAX passenger jet crashed five months earlier on October 29, 2018.
June 23rd, 2019 - 09:30 GMT

Over 400 Pilots Sue Boeing Over 737 MAX's Flaws Cover-Up

Within 10 years, the plan aims to double Palestine's Gross Domestic Product (GPD) by calling for $27 billion dollars in projects in the West Bank and Gaza.
June 23rd, 2019 - 09:00 GMT

US Reveals Economic Section of Middle East Peace Plan

The Middle East sees its consumption grow by over 2% per year until 2024
June 23rd, 2019 - 08:30 GMT

The Consumption of Global Gas to Increase 1.6 Percent Annually

Germany is Iran’s biggest trading partner in the European Union.
June 23rd, 2019 - 08:00 GMT

German Companies Continue Trading with Iran Despite US Sanctions

Uber argues that these features are popular with drivers because they often put more money in their pockets.
June 23rd, 2019 - 07:30 GMT

Uber Tests out New Features in Drivers' App That Cater Their Needs

The smartphone when unfolded, measures in at 8-inches while the Galaxy Fold's display is 7.3-inches.
June 23rd, 2019 - 07:00 GMT

Huawei to Launch Foldable ‘Mate X’ in September

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