Search results for Bahrain
Industry
U.S. leads data centre build-out but water stress is severe in Chile and Belgium
Data centres are growing rapidly worldwide as AI spreads. The United States led expansion after 2023, adding more than 100 sites, but analysis showed water-supply burdens were more acute in Chile and Belgium. A Comparitech review of 143 countries showed U.S. registered data centres rose to 5,427 this year. Chile and Belgium scored 4.5 and 4.4 on a WRI water-stress index, indicating severe stress.
AI & Enterprise
AWS still unable to restore Bahrain, UAE facilities six months after Iran drone strikes
Amazon Web Services said it has not been able to restore services and data access at parts of its cloud facilities in Bahrain and the United Arab Emirates damaged by drone strikes early in the Iran war. AWS said damage at several Bahrain facilities exceeded what its services were designed to withstand and that resources and data stored only in the region cannot be recovered. In the UAE, one of three availability zones also remains unrecoverable.
Crypto
KB Kookmin Bank to launch import-export payments using JPMorgan Kinexys blockchain network
KB Kookmin Bank said on Saturday it will launch next month a corporate payment service for import and export firms using JPMorgan Kinexys\' blockchain-based payment network. The service follows a memorandum of understanding on blockchain remittances for cross-border payment innovation. The bank said it is the first time a South Korean financial company has used Kinexys for payments to import-export firms. The service will be available at domestic branches and its Singapore branch, initially supporting U.S. dollar remittances to 10 countries.
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Crypto
Bitcoin slips below $65,000 to nine-week low on geopolitical tensions
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Crypto
Bitcoin slumps to $65,000; leverage, Strategy sale and ETFs add pressure
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Crypto
Bitcoin rebounds on Trump\'s tease of Iran deal announcement
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Crypto
UAE investors buy AI on dips, keep crypto exposure despite Middle East conflict
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Finance
Woori Bank launches 18.4 trillion won emergency financial support program amid Middle East uncertainty
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AI & Enterprise
Amazon AWS data centre hit by drone attack in UAE, finance and payment services disrupted
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Finance
Woori Financial activates emergency response system immediately amid Middle East risks