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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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Russia has been backing Bashar al-Assad in the long-running civil war in Syria. (AFP/ File)
October 11th, 2017 - 06:00 GMT

Russia Eyes Direct Shipping Line to Syria, a Boost for Syrian Regime

Russia said on Tuesday it would block access to websites of exchanges that offer cryptocurrency such as Bitcoin. (File photo)
October 11th, 2017 - 05:00 GMT

Bitcoin Soars Again, Despite Russia's Plan to Block Bitcoin

Violators in Dubai ought to be shaking in their boots, as police have introduced a new flying motorbike. (Courtesy of Hoversurf)
October 11th, 2017 - 12:05 GMT

Police to Roam the Streets of Dubai on Flying Motorbikes (Video)

Yoga Session
October 11th, 2017 - 11:48 GMT

Dubai Properties Launches Free Yoga Classes at Marasi Business Bay

The document was signed by H.E. Saeed Rashid Al Yateem, Assistant Undersecretary for Resources and Budget Sector at the MoF; and H.E. Khalid Ali Al Bustani, Director General of the FTA.
October 11th, 2017 - 11:30 GMT

UAE Ministry of Finance Conducts Signing Ceremony With Federal Tax Authority to Join e-Dirham System

The workshop was attended by high-level maritime industry leaders.
October 11th, 2017 - 11:16 GMT

DMCA Explores Digitization Prospects for Maritime Sector in Workshop With DNV GL

Etihad Airways
October 11th, 2017 - 11:05 GMT

Etihad Airways to Launch Flights to Azerbaijan

Dome Mapping
October 11th, 2017 - 10:55 GMT

Panasonic Brings Next Generation Innovative Solutions to Gitex Technology Week 2017

From 2000 to 2015, India's imports from OPEC nations increased from $2 billion to nearly $140 billion. (AFP/ File)
October 11th, 2017 - 10:52 GMT

Could India Be World’s Next Big Driver of Oil Consumption?

The extended partnership also includes du becoming the exclusive third-party distributer for WAVO in the UAE.
October 11th, 2017 - 10:46 GMT

du Signs a Partnership Agreement With OSN During Gitex 2017, Offering du Customers an Exclusive Subscription to WAVO Entertainment Application

The Value account provides attractive features and benefits that have been designed for expatriates living in Kuwait.
October 11th, 2017 - 10:37 GMT

Burgan Bank Soon to Announce the Lucky Winner of Its Value Account Draw for Expatriates

Shahla and Andrew signing the partnership agreement
October 11th, 2017 - 10:28 GMT

Dubai Silicon Oasis and Volkswagen ME Support Startups in Developing Innovative Mobility Initiatives

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