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Amazon data centers
August 10th, 2026 - 10:10 GMT
P. Choiaqo

P. Choiaqo

Amazon new AI data center power plant to be largest source of CO₂ pollution in the US

ALBAWABA - Amazon’s new 7.65GW AI data center power plant being built in Texas is a custom 35-turbine gas plant authorized to emit 33 million tons of annual greenhouse gases – making it the largest source of carbon dioxide pollution in the U.S. once completed. Despite the gigantic plant pumping tens of millions of tons of harmful gasses into the atmosphere, Amazon still insists it remains committed to 2040 net-zero ...
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Saudi companies are more optimistic about revenue growth than they were last year. (Shutterstock)
September 10th, 2018 - 06:40 GMT

Survey: Ernst & Young Predicts 10 Percent Growth for Saudi Companies

The new licenses need to obtain a 'No Objection Certificate' for the first year. (Shutterstock)
September 10th, 2018 - 06:31 GMT

Abu Dhabi New Guidelines to Facilitate Economic Licenses

Gold bonds and lease certificates will be issued to individual investors. (File/ Photo)
September 9th, 2018 - 09:00 GMT

Turkish Treasury to Issue New Gold-Based Securities

Iran has discussed trade in national currencies with Russia and Turkey in order to reduce the impact of U.S. dollar on the three countries’ trade and economies. (Shutterstock)
September 9th, 2018 - 08:58 GMT

Iran, Russia, Turkey to Ditch US Dollar in Trade

Investment opportunities in the hotel sector will increase by over SR100 million. This will create over 15,000 job opportunities for Saudi young men and women. (Shutterstock)
September 9th, 2018 - 08:54 GMT

Saudis to Access 15,000 Job Opportunities

With the tax projected to be put into effect in the near future in the sultanate, OABC and EY are working with companies throughout Oman to help them with this transition. (Shutterstock)
September 9th, 2018 - 08:27 GMT

Oman Gears Up Public for VAT Seminars

Among oil and gas products, refined products shot up by 39 per cent while crude oil and natural gas price soared by 17.9 per cent. (Shuttertsock)
September 9th, 2018 - 08:22 GMT

Oman's Producer Price-Based Inflation Rises by 17.7 Percent

Total deposits registered a growth of 4.5 per cent to OMR22.3 billion, with private sector deposits increasing by 4.7 per cent to OMR14.2 billion as at the end of June 2018. (Times of Oman)
September 9th, 2018 - 08:18 GMT

Banking Sector Credit in Oman Reaches OMR 24.3 Billion

Qatar is preparing to speed up the growth of its natural gas sector by 30 percent. (Shutterstock)
September 9th, 2018 - 08:10 GMT

Qatar to Expand Gas Sector by 30 Percent to Meet Vision 2030

The first Master Murabaha agreement was signed by Eng. Hani Salem Sonbol, Chief Executive Officer ITFC and Ahmed Yousef, Deputy Chairman of the Commodity Supply Authority. (SG)
September 9th, 2018 - 08:02 GMT

Egypt to Receive $3 Billion From ITFC Agreement

Forty-seven realty projects were introduced into the Dubai market and were completed on their set timelines. (Shutterstock)
September 9th, 2018 - 07:47 GMT

Dubai Reality Projects Delivered in First 8 Months Worth Dh12 Billion

Emirates airline was the world's fourth-busiest carrier in the world in terms of total scheduled passenger kilometres flown carrying 289 million travellers last year. (Shutterstock)
September 9th, 2018 - 07:41 GMT

289 Million Travellers Make Emirates Fourth-Busiest Airline Globally

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