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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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Saudi Vision 2030 is ramping up the Kingdom’s tourism infrastructure – for both more domestic tourism by Saudi nationals and international visitors.
April 18th, 2019 - 07:09 GMT

Saudi Arabia Focuses on Smart Facilities to Fuel Tourism Sector

Google is Saudi Arabia’s Most Influential Brand.
April 18th, 2019 - 07:00 GMT

Top 10 Most Influential Brand in Saudi Arabia

In the GCC region, the non-oil sector in the GCC is expected to be the primary engine of growth in 2019.
April 18th, 2019 - 06:43 GMT

UAE's Real Estate Sector to Remain Weak Despite GDP Growth

During the event
April 17th, 2019 - 11:28 GMT

DED Hosts Workshop for Retailers and Suppliers to Ensure Preparedness for Ramadan

The first airline in the world to operate a single-use plastic free flight on an ultra-long haul sector
April 17th, 2019 - 10:48 GMT

Etihad Airways to Operate Single-Use Plastic Free Flight on Earth Day as Part of Its Commitment to Sustainability

The core development team at ILCOIN will focus on smart contract development of its SHA-256 blockchain.
April 17th, 2019 - 08:35 GMT

Tech Startup Becomes First to Implement Smart Contracts

Binance Coin is currently the seventh-biggest cryptocurrency by market cap.
April 17th, 2019 - 07:39 GMT

Visa, Coinbase to Launch Cryptocurrency Card

Kuwait’s population rose 2.7 percent y/y in 2018 (end-year) to reach 4.6 million.
April 17th, 2019 - 07:33 GMT

Report: Kuwait’s Population Growth Declines Due to Kuwaitization Efforts

No passengers were onboard the Luftwaffe’s Global 5000 jet.
April 17th, 2019 - 07:28 GMT

Disruption at Berlin's Airport Due to Plane Crash

Jordan is keen on enhancing cooperation with the UAE.
April 17th, 2019 - 07:19 GMT

Jordan Works Closely With UAE to Enhance Government's Performance, Public Services

The contribution from the oil sector to growth will again weaken in 2019.
April 17th, 2019 - 07:13 GMT

Saudi Arabia's Economy to Continue to Grow Despite Minimal Growth in Oil Sector

The Asian markets received the bulk of the Omani crude oil exports during March 2019.
April 17th, 2019 - 07:01 GMT

Oman Crude Production Exceeds 30 Million Barrel in March

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