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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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European carriers are expected to report a $7.4bn net profit in 2019.
May 23rd, 2019 - 10:16 GMT

How Brexit Is Affecting the Tourism, Aviation Industries in Europe

Now when users search for a product or service and Google displays an important advertisement, a highlighted ad label would show on top of the card alongside the web address.
May 23rd, 2019 - 09:40 GMT

Google Rolls out New Search Design for Mobile Users

Jeff Bezos.
May 23rd, 2019 - 09:20 GMT

Bezos Secures '.Amazon' Domain After 7 Years of Trying

U.K.'s EE, Vodafone and Japan's KDDI and Softbank Corp said they were pausing the launch of Huawei smartphones that can be used on next generation mobile networks.
May 23rd, 2019 - 07:43 GMT

UK, Japan Halt Launch of Huawei Phones After US Ban

The districts are built by the UAE’s Al-Futtaim Construction and are already landscaped with water and shading features.
May 23rd, 2019 - 06:30 GMT

Dubai Completes Construction of Expo 2020 Thematic Districts

Public administration workers Wednesday suspended their strike as Cabinet is set to meet for what is expected to be a final read-through of the 2019 draft state budget
May 22nd, 2019 - 10:09 GMT

After 2 Days of Strike Action, Public Administration Workers Resume Work

Developing economic relations and increasing exports to neighboring countries are on the ministry’s priority agenda this year. 
May 22nd, 2019 - 09:56 GMT

Iran Seeks Salvation Through Boosting Trade Ties With Neighbors

Qatar has something for everyone with new products in the pipeline.
May 22nd, 2019 - 09:50 GMT

Qatar Witnesses 10 Percent Increase in Tourist Arrivals Despite the Blockade

Airlines and national aviation agencies around the world grounded the 737 Max
May 22nd, 2019 - 09:02 GMT

Chinese Airline Seeks Boeing Compensation for 737 Max Grounding

People were seen rushing to gas stations Monday as worries of nationwide gas shortages grew.
May 22nd, 2019 - 08:26 GMT

Fuel Deliveries Resume in Lebanon After Customs Suspends Strike

Investors will be able to plan long-term strategies for their businesses and invest more in existing businesses.
May 22nd, 2019 - 07:40 GMT

How the UAE’s 'Golden Card' Will Nourish the Economy

Increasing taxes was another possibility that the Cabinet should consider if it wanted to increase revenues in 2019.
May 22nd, 2019 - 07:19 GMT

How Cutting Salaries, Ending Tax Evasion Will Rein Deficit in Lebanon

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