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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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Today, Almarai is the largest vertically integrated dairy company in the world. (Wikimedia Commons)
January 11th, 2016 - 02:11 GMT

Greener pastures: Almarai buys 1,790 acres of farmland in California

Al Bawaba
January 11th, 2016 - 01:00 GMT

Saudi Arabia to invest $80B in desalinated water production

Al Bawaba
January 11th, 2016 - 12:27 GMT

Young entrepreneurs share their tips for business success

Al Bawaba
January 11th, 2016 - 12:20 GMT

IDC report: in 2014 Kaspersky Lab grew faster than the market

Al Bawaba
January 11th, 2016 - 12:00 GMT

Spikes ahead: APIC predicts additional energy price hikes across the GCC

Al Bawaba
January 11th, 2016 - 11:00 GMT

Orascom Construction lands $420M deal to revamp Egypt's power plant

Al Bawaba
January 11th, 2016 - 10:58 GMT

Risk-taking not the way to go in 2016: analysts

Al Bawaba
January 11th, 2016 - 10:56 GMT

Egypt: Property value up, production costs down as state revenues benefit

Al Bawaba
January 11th, 2016 - 10:27 GMT

Dubai's Propertyfinder Group raises $20M from Swedish venture capital firm

BBC First
January 11th, 2016 - 10:26 GMT

BBC Worldwide’s premium drama channel to launch exclusively on OSN

DC Corporate Communication Director Khalil Saqer bin Gharib
January 11th, 2016 - 10:19 GMT

A broader prospect for Dubai Customs synergy with its strategic partners in 2015

FE CAR1 Resized
January 11th, 2016 - 10:03 GMT

Jaguar returns to racing

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