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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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It is important that Bahrain maintains momentum. (Shutterstock)
May 28th, 2018 - 10:03 GMT

Bahrain Implementing $32 Bn Infrastructure Development Programme

Bitcoin was trading at $7,380.1 by 12:22AM ET (04:22GMT). (Shutterstock)
May 28th, 2018 - 08:49 GMT

Bitcoin Prices Changed; Bithumb to Ban Crypto Trading in 11 Countries

There are no laws in Bahrain that regulate the Bitcoins system. (Shutterstock)
May 28th, 2018 - 08:40 GMT

The Bitcoin Trade Booming on Bahraini Websites

Rise in index has a lot of myriad causes. (Shutterstock)
May 28th, 2018 - 08:27 GMT

8 Causes Behind the US Dollar Index’ Surge

The UAE has expanded its role as one of the leading hubs for Islamic finance, an alternative way of banking and insurance based on Islamic law. (AFP)
May 28th, 2018 - 07:58 GMT

Great News for the Islamic Banking Industry

The Aramco IPO would be a once-in-a-generation event for financial markets. (File Photo)
May 27th, 2018 - 09:26 GMT

Saudi Minister Al-Falih Says Aramco IPO Likely in 2019

Saudi women are keen to shoulder responsibilities in high-profile jobs. (AFP)
May 27th, 2018 - 09:19 GMT

Women Ready for Top Jobs, Says Saudi Arabia’s First Female Tour Guide

"The strong interest exhibited by companies in participating in this important event and discussing future projects is a reflection of these efforts.” (Arab News)
May 27th, 2018 - 08:57 GMT

Saudi Security Expo to Be Held in Riyadh in November

Earlier, the name of Lulu Hypermarket was used to in another series of scam messages. (Shutterstock)
May 27th, 2018 - 08:27 GMT

UAE Residents, Do Not Open This WhatsApp Voice Note

Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
May 27th, 2018 - 08:17 GMT

Internet Business in Iran to Use Fintech Soon

The number of automatic teller machines (ATMs) operated by banks in the UAE hit 5,274. (Pixabay)
May 27th, 2018 - 07:43 GMT

UAE Banks Operate 5,274 ATMs

The highest number recorded was 2, 724, the total number of expats convicted and deported in 2015. (Pixabay)
May 27th, 2018 - 07:01 GMT

5,000 Expats in Bahrain Deported in The Past Three Years

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