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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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700 employees who made the tours discovered that the most important violations were expatriates taking jobs which were solely marked for Saudis.
June 9th, 2019 - 12:30 GMT

25 Percent Increase in Saudi Retail and Wholesale Workforce

Cairo needs to increase investment in the sector and activate the role of the Supreme Council for Traffic Safety
June 9th, 2019 - 12:00 GMT

Egypt to Start Privatization of Public Transport Sector

Doha insists that it has emerged stronger than ever from its crisis.
June 9th, 2019 - 11:30 GMT

Qatar Is Entering Third Year of the Blockade and No Lessons Learnt

A little over a year ago, the Education Ministry introduced an initiative called Future Gate to promote digital learning and “change the whole setting” in schools.
June 9th, 2019 - 10:30 GMT

Digital Transformation of Education Sector Vital for Saudi Arabia’s Vision 2030

The International Monetary Fund warned last week that the trade conflict would cut global growth next year.
June 9th, 2019 - 09:30 GMT

G20 Finance: ’Intensified ‘ Trade Row but No Desire for Resolution

Iran confirmed attending the upcoming OPEC meeting in Vienna later in June.
June 9th, 2019 - 09:00 GMT

Iran: No Intentions to Leave OPEC

Trump's tariff threat has placed him at odds with not only the U.S.'s southern neighbor
June 9th, 2019 - 08:30 GMT

Trump: Mexico Will Have a ‘Good Chance’ of Reaching an Agreement

Huawei shipped more than 100,000 5G base stations, ranking top in the world
June 9th, 2019 - 08:00 GMT

Huawei Obtains 46 Commercial 5G Contracts In 30 Countries

Growth in receipts was fuelled by strong demand for international travel in the context of a robust global economy.
June 9th, 2019 - 07:30 GMT

4 Percent Increase in Exports From International Tourism

The real estate transactions over the past five-month period included completed and ongoing deals.
June 9th, 2019 - 07:00 GMT

The Value of Real Estate Transactions in Dubai Rose to Over Dh34 Billion

Global gas demand is expected to grow
June 9th, 2019 - 06:30 GMT

IEA: Global Gas Demand to Grow at 1.6 Percent Yearly Until 2024

Brent and WTI crude prices rose to $63.29 and $53.99 per barrel respectively.
June 9th, 2019 - 06:00 GMT

Oil Prices Continue to Fall As Volatile Market Described Worst Since the Financial Crisis

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