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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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About 6 million Saudi women, representing 65 percent, may apply for driving licenses in the near future. (Shutterstock)
April 2nd, 2019 - 06:32 GMT

Women Driving in Saudi Arabia Resulted in Drop of Expat Drivers in Households by 7 Percent

Dubai has successfully maintained its status as the global capital of the Islamic economy. (Shutterstock)
April 2nd, 2019 - 06:18 GMT

Dubai Remains the Global Capital of Islamic Economy

The company’s standalone profile corresponds to a rating of 'AA+', with stable outlook, says Fitch. (Shutterstock)
April 2nd, 2019 - 04:00 GMT

Fitch: Saudi Aramco World’s Biggest Oil Producer by Volume

As long as you follow some simple rules, you’ll have a great website running in no time. (Shutterstock)
April 1st, 2019 - 06:00 GMT

3 Rules to Help You Create Your Own Website

Germany on Sunday announced that it delivered a $100-million unconditional loan to Jordan in budget support. (Shutterstock)
April 1st, 2019 - 10:32 GMT

Germany Supports Jordan With $100 Million Unconditional Loan

Gold prices were trading near flat on Monday in Asia. (Shutterstock)
April 1st, 2019 - 10:18 GMT

Gold Prices Remain Unchanged Amid Positive China Data; Trade Talks Progress

South Sudan will pump an additional 70,000 barrels per day of crude oil next June. (Shutterstock)
April 1st, 2019 - 10:11 GMT

South Sudan to Pump Additional 70,000 Oil Barrels by Next June

Europe must forge its own strategic view about the new global order. (Shutterstock)
April 1st, 2019 - 10:06 GMT

Opinion: EU Needs a New Global Trade Strategy

UAE hosts over 200 nationalities. (Shutterstock)
April 1st, 2019 - 09:31 GMT

Expats to Benefit From New Family Sponsorship Policy in UAE

Statistics revealed by the concerned authority show 41.2% of the Kuwaiti university graduates are unemployed. (Shutterstock)
April 1st, 2019 - 08:48 GMT

Over 40 Percent of Kuwaiti University Graduates Unemployed

Over $1.5 Billion Business Opportunities on Offer in Qatar. (Shutterstock)
April 1st, 2019 - 08:41 GMT

Over $1.5 Billion Business Opportunities on Offer in Qatar

Kuwait has put out to tender nearly 125 development projects across the country. (Shutterstock)
April 1st, 2019 - 08:35 GMT

Kuwait Floats Tenders for 125 Development Projects

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