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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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Aradhana Khowala is NEOM's new Managing Director of Tourism. (Arab News)
August 30th, 2018 - 09:49 GMT

Aradhana Khowala as Tourism Head of Saudi Arabia's NEOM

Two billion people depend on groundwater sourced from transboundary aquifer systems. (Shutterstock)
August 30th, 2018 - 09:44 GMT

Arab Region Faces the Challenge of Water Scarcity

KhalifaSat, an earth observation satellite, will join the UAE’s two imaging satellites already in orbit – DubaiSat-1 and DubaiSat-2. (tahawultech)
August 30th, 2018 - 09:37 GMT

First UAE-Made Satellite to Launch in October

The airport clocked monthly traffic exceeding 8 million passengers on three other occasions last year – in January (8.03 million), July (8.06 million) and August (8.23 million). (Shutterstock)
August 30th, 2018 - 09:32 GMT

Dubai Welcomes More Than 8 Million Passengers in July

Saudi Crown Prince, Mohammad bin Salman. (AFP)
August 30th, 2018 - 09:24 GMT

Video: Are We Witnessing the Crash and Burn of Saudi Economy?


The reform group also vowed to improve basic freedoms and the judiciary as it convened for the first time since Turkey switched to an executive presidential system after June 24 elections. (Shutterstock)
August 30th, 2018 - 09:16 GMT

Turkey Pledges to Speed up EU Reforms

Banks are trimming branch numbers as consumers tilt towards online banking. (Shutterstock)
August 30th, 2018 - 08:55 GMT

Report: UAE Banks Laid off Over 600 Employees in 2017

Wi-Fi is a common location solutions tool, and can be an inexpensive and easy option. (Shutterstock)
August 30th, 2018 - 08:48 GMT

How to Choose the Right Location Technology Solution

Avoid these common mistakes to get rejected. (Shutterstock)
August 30th, 2018 - 08:28 GMT

7 Mistakes to Avoid When Applying for a UAE Visa

Some pharmacists complained of the "unattractive offers" in addition to the lack of opportunities. (Shutterstock)
August 30th, 2018 - 05:00 GMT

Unemployment Rate Among Jordanian Pharmacists Reaches 20 Percent

Twitter suspended more than 70 million fake accounts in May and June. (Shutterstock)
August 30th, 2018 - 04:00 GMT

Twitter Suspends More Than 700 Accounts Linked to Iran, Russia

The currency has lost about 40 per cent of its value against the dollar this year. (Shutterstock)
August 29th, 2018 - 11:49 GMT

Borrowing Limits Doubled for Banks in Turkey

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