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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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Jordan is a country with which we have strong historical and cultural ties.
April 15th, 2019 - 07:51 GMT

Jordan, Cyprus and Greece to Expand Cooperation in Various Fields

About 30 movie theatres are to be opened in 15 cities around the Kingdom within five years.
April 15th, 2019 - 06:58 GMT

Over $70 Billion Required to Build Saudi Entertainment Sector Infrastructure

In 2017, trade between the UAE and UK totalled £17.5 billion.
April 15th, 2019 - 06:31 GMT

UAE One of the Biggest Beneficiaries From No-Deal Brexit

The United States says China has failed to disclose subsidies as required by the WTO.
April 14th, 2019 - 09:00 GMT

US Tempers Demands for China to Cut Subsidies as a Condition for Trade Deal

The production capacity of the new system is 33,000 plates per day.
April 14th, 2019 - 11:25 GMT

Dubai Inaugurated a First of Its Kind Factory

Boeing this week slowed its production of 737 planes to 42 a month, from 52, with most of those being the Max model.
April 14th, 2019 - 10:25 GMT

Costs for Boeing Start Rising Due to 737 Max Crisis

Qatari-Bulgarian Business forum will pave the way for successful partnerships that will benefit both countries.
April 14th, 2019 - 10:10 GMT

Trade Volume Exceeds $23 Million Between Qatar, Bulgaria

The visa reforms in the country are expected to encourage residents, especially highly-skilled professionals to buy homes and spend more on other properties.
April 14th, 2019 - 09:35 GMT

Will UAE's Visa Reforms Succeed in Attracting More Investments?

In March India's oil imports from Iran rose to about 405,000 bpd.
April 14th, 2019 - 09:03 GMT

India's Shipment of Iranian Crude Oil Increase Despite US Sanctions

Exports declined to USD2.33 billion in January from USD2.43 billion a year ago.
April 14th, 2019 - 08:33 GMT

Egypt Witnesses Drop in Exports Due to Relapse in Oil Exports

Libya’s oil sector is facing the biggest threat since Gaddafi’s overthrow.
April 14th, 2019 - 08:28 GMT

Oil Exports Face Biggest Threats in Libya Due to Tripoli Battles

Domestic gasoline prices are subject to change, rising and falling due to changes in export prices from the Kingdom to global markets.
April 14th, 2019 - 07:45 GMT

Saudi Arabia Revises Gasoline Prices Due to Changes in Export Prices

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