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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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E-commerce is fuelling logistics opportunities and reputed logistics companies will grab the opportunities and grow their businesses in the UAE as well as in the region
June 18th, 2019 - 12:30 GMT

UAE’s E-Commerce Market Projected to Grow to $17.8 Billion in 2020

The aircraft will deliver an unprecedented Xtra Long Range of up to 4,700nm – 15 per cent more than the A321LR and with the same unbeatable fuel efficiency.
June 18th, 2019 - 12:00 GMT

Airbus Adds Longest Range Single-Aisle Airliner to Its Best-Selling A321neo Family

Under the terms of the merger agreement, a subsidiary of Pfizer will commence a cash tender offer to purchase all outstanding shares of Array common stock
June 18th, 2019 - 11:30 GMT

Pfizer to Acquire Cancer Drug Firm for $11.4 Billion

The value of re-exports was SR2.589 billion in April.
June 18th, 2019 - 11:00 GMT

Saudi Arabia’s Non-Oil Exports Drop to $4.5 Billion in April

The Facebook News Forum is a valuable platform that will help explore and examine the challenges brought about by these rapid changes being witnessed in the region and their impact on journalism
June 18th, 2019 - 10:37 GMT

First Facebook News Forum to Be Hosted in Dubai

The percentage of employees who believe that practical training is limited was 22.2 per cent.
June 18th, 2019 - 09:13 GMT

Despite the Omanization Efforts, 87 Percent of Omani Job Seekers Still Prefer to Work in Government Sector

Turkey's budget revenues totaled 347.5 billion Turkish liras ($62.3 billion), up 15% year-on-year.
June 18th, 2019 - 09:00 GMT

Turkey's Budget Posts $11.9 Billion Deficit, $62.3 Billion Revenues

The Philippines recently recorded one of the highest increases in Jordanian tourists travelling to the country in 2017 and 2018
June 18th, 2019 - 07:29 GMT

Jordan Offers Job Opportunities to Filipino Nurses, Engineers

Hydrogen is the fuel of the future, and it always will be.
June 18th, 2019 - 06:45 GMT

Aramco Opens First Hydrogen Filling Station in Saudi Arabia

Tunisian authorities seek to allocate a minimum of USD45 million of the total amount to establish the 'fund of the funds' that would fund emerging firms in Tunisia.
June 18th, 2019 - 06:30 GMT

World Bank Grants Two Loans Worth $175 Million to Tunisia

The biggest risk for VAT comes on the operational side
June 18th, 2019 - 06:00 GMT

Will the GCC Increase the VAT Rate?

Israel Electric sued the Egyptian government over the halt of gas exports. 
June 18th, 2019 - 05:35 GMT

Egypt Signs $500 Million Settlement Agreement With Israel Over Gas Cuts

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