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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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Switzerland has always had proper banking ties with Iran.
April 18th, 2019 - 10:28 GMT

Iran, Switzerland to Reinforce Joint Banking Ties

Often new cryptocurrency exchanges are located in obscure places where regulation is not mature.
April 18th, 2019 - 10:19 GMT

Here's What to Expect When You List Your Token on a Rogue Cryptocurrency Exchange

UAE economy has survived the slowdown witnessed in 2015-2016.
April 18th, 2019 - 10:06 GMT

UAE’s Nominal GDP to Grow 4.7 Percent in 2019: IMF

Ettienne Reinecke, Chief Technology Officer, Dimension Data
April 18th, 2019 - 10:27 GMT

Dimension Data and Cisco Announce Co-Innovation Partnership

Roads were reportedly blocked in the Lebanese capital as part of the protest.
April 18th, 2019 - 10:09 GMT

Public Sector Employees Go on Strike in Lebanon, Protesting Possible Wage Cuts

During the meeting, the two sides expressed their opposition to the US sanctions and US terrorism designation of Iran’s IRGC.
April 18th, 2019 - 10:03 GMT

Iran to Strengthen Economic Ties With Turkey

The trade deficit tumbled 3.4 percent to $49.4 billion in February.
April 18th, 2019 - 08:37 GMT

US Trade Deficit Hits 8-Month Low Amid China's Imports Plunge

Saudi Arabia reopened a consulate in Baghdad which had been closed for 30 years. 
April 18th, 2019 - 08:00 GMT

Saudi Arabia, Iraq Sign 13 Agreements Covering Vital Fields

Iraqi media had, for months, alleged that addiction to playing PUBG had caused marital disputes and even divorces.
April 18th, 2019 - 08:00 GMT

Iraq Bans PUBG, Fortnite for Promoting Violence

Lebanese truly believe that is a basic right of every tax-paying citizen to have a functioning government in place.
April 18th, 2019 - 07:41 GMT

Consumer Confidence Remains Low in Lebanon Despite Government Formation

Residential units in investment areas will now be registered under Abu Dhabi's freehold law.
April 18th, 2019 - 07:30 GMT

Real Estate Law Reform Allows Expats to Own Freehold Property in Abu Dhabi

In 2018, tourism revenue surpassed the $5 billion mark, signifying an 8 per cent increase from 2017’s $4.6 billion.
April 18th, 2019 - 07:27 GMT

Jordan's Tourism Revenue Hits $1.3 Billion in Q1 2019

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