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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 Iraqis cannot forget that Qatar conspired against their country by allowing the Americans to use its territory to launch air attacks on them. (Shutterstock)
November 26th, 2018 - 06:11 GMT

Is Qatar Using Iraq for Its Own Economical and Political Purposes?

The committee passed the bill after taking into consideration that the lower house approved the Senate's amendments to Item 1 of Paragraph B and Paragraphs D and H of Item 8 which amended Item 11 of the original law. (Petra)
November 26th, 2018 - 05:55 GMT

Jordan's Senate Approves Income Tax Law

The Egyptian government also focused on digital transformation as one of the most prominent files, aiming to provide excellent services to the citizens electronically. (Shutterstock)
November 26th, 2018 - 05:48 GMT

What Is Holding Back Egypt's Fintech Success?

To protect customers, Bitex UAE utilises a multi-signature HD wallet to store digital currencies. (Shutterstock)
November 26th, 2018 - 05:39 GMT

You Can Now Trade in Bitcoin Currencies in the UAE

According to SPA, the NCA reached an agreement with the ministry to increase the number of seats for foreign scholarships for the first year from 200 to 540 for both genders. (Shutterstock)
November 26th, 2018 - 05:34 GMT

Saudi Initiates First Cyber Security Training Scheme

“We are watching the space very closely. We are really excited about how vertical format is taking off. This is our core business, regardless what the device is,” says Rami Saad, head of international content partnerships at Snap. (Shutterstock)
November 26th, 2018 - 05:24 GMT

More Arab Content on Snapchat in the Works

Vicious cycle. An Iraqi child holds banknotes in the northern Iraqi city of Mosul, last July. (AFP)
November 26th, 2018 - 05:12 GMT

Iraq's Budget Clock Is Ticking, and It's Not Looking Good so Far

Under pressure. European Union Foreign Policy Chief Federica Mogherini speaks to the media in Brussels, on October 18. (Shutterstock)
November 26th, 2018 - 05:09 GMT

The EU Is Losing Patience With Iran

New phase. ADNOC Group CEO Sultan Ahmed al-Jaber speaks during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), on November 12. (AFP)
November 26th, 2018 - 05:05 GMT

Abu Dhabi Aims to Dominate the Gas Sector With New Fields

The University of Oxford said it would follow the Foreign Office’s advice on travel to the UAE while monitoring its researchers in the country. (Shutterstock)
November 25th, 2018 - 08:53 GMT

UK Universities Are Severing Ties With UAE Over Hedges Sentence

The office was inaugurated in light of expectations of an increase in jobs in Aqaba’s tourism and hotel sectors. (Shutterstock)
November 25th, 2018 - 08:33 GMT

Jordan Sets up Tourism Office in Aqaba to Attract Employees

The decision aims to maintain the position of the UAE as an optimal business environment. (Shutterstock)
November 25th, 2018 - 08:26 GMT

Are You Eligible for UAE's New Long-Term Visa Rule? Find out Here

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