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Banking and Finance

Banking and Finance 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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Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland
May 16th, 2022 - 10:44 GMT

Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland

Gulf International Bank Achieves 62% Increase in First Quarter Net Profit
May 15th, 2022 - 08:54 GMT

Gulf International Bank Achieves 62% Increase in First Quarter Net Profit

Bank ABC Islamic announces first quarter 2022 net profit of US$8.8 million
May 15th, 2022 - 06:13 GMT

Bank ABC Islamic announces first quarter 2022 net profit of US$8.8 million

Al Salam Bank Launches its Revamped Danat eGift for 2022
May 15th, 2022 - 06:11 GMT

Al Salam Bank Launches its Revamped Danat eGift for 2022

BisB Receives Riffa Views International School Students
May 15th, 2022 - 06:03 GMT

BisB Receives Riffa Views International School Students

NBO Launches Tamayuz Career Development Program for 58 High-potential Future Leaders
May 15th, 2022 - 06:01 GMT

NBO Launches Tamayuz Career Development Program for 58 High-potential Future Leaders

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account
May 15th, 2022 - 05:54 GMT

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Al Salam Bank Announces Financial Results for the First Quarter Ended 31 March 2022
May 13th, 2022 - 05:19 GMT

Al Salam Bank Announces Financial Results for the First Quarter Ended 31 March 2022

Kuwait Finance House – Bahrain Official Financier of a Solar Energy Farm at the Bahrain International Circuit
May 13th, 2022 - 05:07 GMT

Kuwait Finance House – Bahrain Official Financier of a Solar Energy Farm at the Bahrain International Circuit

Kamco Invest reports net profit of KWD3.6mn for the first quarter of 2022
May 12th, 2022 - 09:39 GMT

Kamco Invest reports net profit of KWD3.6mn for the first quarter of 2022

Gulf International Bank Issues Inaugural Sustainability Report
May 12th, 2022 - 06:38 GMT

Gulf International Bank Issues Inaugural Sustainability Report

Emirates Islamic launches Super Savings Etihad Guest Account
May 11th, 2022 - 09:11 GMT

Emirates Islamic launches Super Savings Etihad Guest Account

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