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BUSINESS

BUSINESS latest

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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Saeed AlZarouni, Senior Vice President - Mobile Network from Etisalat
February 10th, 2016 - 11:01 GMT

Etisalat brings Ericsson Radio Dot System to Dubai Outlet Mall

PM Netanyahu and EU foreign policy chief Mogherini during their meeting in Jerusalem, May 20, 2015. (AFP/Dan Balilty)
February 10th, 2016 - 11:00 GMT

Settlement goods label row: will the EU grant Israel compensation?

Al Ansari Exchange stand at the Exhibition
February 10th, 2016 - 10:22 GMT

Al Ansari Exchange affirms its commitment to Emiratization during participation in National Career Exhibition 2016

Dr. Abdulaziz Al Khulaifi, the Chair of Cardiothoracic Surgery at Heart Hospital and patient, Kiran Machado
February 10th, 2016 - 10:05 GMT

Patient praises life-saving operation at Heart Hospital

In 2015 the airline issued a record shareholder payout, settled all loans, grew the operating profit, increased the net profit, and attracted more passengers. (Airways News)
February 10th, 2016 - 10:00 GMT

Out of the red: Kuwait's Jazeera Airways celebrates $51.2M net profit for 2015

H.E. Sheikh Abdulla Bin Mohammed Bin Saud Al Thani, Chairman of Ooredoo Group
February 10th, 2016 - 09:57 GMT

Ooredoo supports launch of World Economic Forum’s industry gender gap report

flydubai
February 10th, 2016 - 09:36 GMT

flydubai announces fourth full-year of profitability and 25% increase in passenger numbers

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, at Dubai Investments Real Estate stand at ACRES 2016 exhibition
February 10th, 2016 - 09:31 GMT

Dubai Investments showcases pioneering concepts, projects at ACRES Middle East

Jaguar XE
February 10th, 2016 - 09:27 GMT

Jaguar XE named ‘Best in Class’ large family car at Euro NCAP 2015 awards

Some developers also tend to hold back completions to avoid flooding the market. (Gulf Insider)
February 10th, 2016 - 09:15 GMT

Market slowdown hits UAE realty projects: construction of 18,200 units faces delays

Day One of IFIF examined the transformative impact of social media on banking. (Mapcarta)
February 10th, 2016 - 08:26 GMT

Khartoum hosts the International Forum on Islamic Finance

ECO Hotel construction site
February 10th, 2016 - 07:50 GMT

RAK Properties appoints leading architecture & interior design firms

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