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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 agenda of the Trade Cooperation Committee’s meeting featured a number of topics of common interest that were the focus of discussions and decision-making. 
May 2nd, 2019 - 09:58 GMT

Despite Blockade Against Qatar, GCC Ministers Meet to Discuss Economy, Trade in Oman

The minister had previously said that it would include austerity measures and reductions in spending in a bid to ease the budget deficit.
May 2nd, 2019 - 09:38 GMT

Lebanese Retired Public Workers Protest Salary Cuts

Qatar is witnessing an all-round renaissance and development, especially in the economic, developmental and social fields.
May 2nd, 2019 - 08:47 GMT

On Labour Day, Qatar Declares Its Commitment to Protect Workers’ Rights

exports from Qatar to Sweden were worth US$ 258m in 2018 and US$ 181 million in 2017
May 2nd, 2019 - 08:29 GMT

Sweden: Blockade a Blessing in Disguise for Qatar

People can pay their dues from salary e-cards, credit cards, debit accounts, and pension cards or buy rechargeable cards to conduct their transactions
May 2nd, 2019 - 07:31 GMT

Egypt Launches First Government E-Payment Channel

Aramex’s Q1 2019 Revenues grew by 4% to AED1,234 million
May 2nd, 2019 - 07:16 GMT

Aramex Net Profit Exceeds $29 Million in Q1 2019

Entrepreneurs and their families will be provided with a five-year renewable residency visa.
May 2nd, 2019 - 07:03 GMT

UAE Launches 5-Year Entrepreneur Visa

Iranian Foreign Minister Mohamed Javad Zarif.
May 2nd, 2019 - 06:19 GMT

Iran Against the GCC Pressure on Qatar

Ministry of Tourism (MoT) along with other stakeholders is working to make Oman one of the top sports and adventure destinations in the world.
May 1st, 2019 - 09:00 GMT

Oman Aims to Become Top Sports, Adventure Destination

Omani banks have recorded a healthy increase in margins.
May 1st, 2019 - 09:00 GMT

Report: Banking Sector in Oman Shows Healthy Growth

Currently, the vast majority of countries across Europe require a prior visa for Bahrainis.
May 1st, 2019 - 09:00 GMT

Bahrain Requests Easier Schengen Visa Rules

Almost 18 million Iranians had Samsung phones as of February 2018.
May 1st, 2019 - 09:14 GMT

Samsung, LG to Remain in the Iranian Market Despite US Pressure

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