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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 current real estate scene in Dubai is optimistic for prospective buyers.
April 17th, 2019 - 06:53 GMT

Real Estate Investors Return to Dubai as Prices Continue to Fall

The total GDP increased from 34.1 per cent in 2017 to 40.4 per cent in 2018.
April 17th, 2019 - 06:44 GMT

Abu Dhabi's GDP Exceeds $253 Billion in 2018

The start-ups in Bahrain have created high salary jobs.
April 16th, 2019 - 09:00 GMT

Bahrain Determined to Increase Bahranization Efforts

Cybercrime has caused severe financial losses for various companies in the Kingdom and abroad over the years.
April 16th, 2019 - 09:00 GMT

Saudi Arabia Receives Highest Number of Cyber-Attacks in Middle East

Only two percent of the total imports of Iran’s neighbors comes from the Islamic country.
April 16th, 2019 - 11:41 GMT

Iran Requires over $85 Billion to Sustain Domestic Production

'No deal' scenario would cause as much as $420 million in export losses for 20 African states.
April 16th, 2019 - 11:34 GMT

Morocco Could Lose Nearly $100 Million With No-Deal Brexit

Flames and smoke are seen billowing from the roof at Notre-Dame Cathedral in Paris on April 15, 2019. A fire broke out at the landmark Notre-Dame Cathedral in central Paris, potentially involving renovation works being carried out at the site, the fire service said.
April 16th, 2019 - 11:17 GMT

The Flaming Costs of Notre Dame's Reconstruction

Lebanese banks are projected to be the biggest buyers.
April 16th, 2019 - 10:58 GMT

Lebanon Projected to Issue $2 Billion in Eurobonds

Savings is barely significant on the minds of residents in the UAE,
April 16th, 2019 - 10:12 GMT

Will the UAE Succeed in Changing the 'Spending' Culture?

Saudi Arabia is witnessing strong growth in foreign investment coming into the Kingdom.
April 16th, 2019 - 09:13 GMT

Reform Program Boosts International Investment in Saudi Arabia

In today’s digital era, business leaders can manage, customize, automate and connect various steps of their printing processes in ways they couldn’t imagine a few years ago.
April 16th, 2019 - 08:34 GMT

MENA Printing Sector Witnesses Innovative Transformation

Saudi Aramco continues to strengthen its position in the downstream sector.
April 16th, 2019 - 07:51 GMT

Saudi Aramco Invests $1.25 Billion Stake in South Korean Refiner

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