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Economy and Policy

Economy and Policy 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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Al Bawaba
January 22nd, 2015 - 10:25 GMT

Panasonic bullish on Kuwait’s Flourishing Retail Sector – opens first shop-in-shop at Best Al-Yousifi

Al Bawaba
January 22nd, 2015 - 06:54 GMT

Iran to boost industry, farming in China tie-ups

Al Bawaba
January 22nd, 2015 - 04:55 GMT

An economic catastrophe: falling oil to cost GCC $300 billion this year alone

Data from the Turkish Statistics Institute (TurkStat) shows that mutual trade volume reached $2.6 billion in 2009.
January 21st, 2015 - 09:47 GMT

Despite Erdogan's 'harsh rhetoric', Turkish-Israeli is still booming

Al Bawaba
January 21st, 2015 - 09:24 GMT

Alderley to supply metering systems for Saudi project

Al Bawaba
January 21st, 2015 - 01:53 GMT

Bahrain's Autumn Fair expects 200,000 visitors

Al Bawaba
January 21st, 2015 - 12:58 GMT

Emirates Airline tops UAE perception ranking

Al Bawaba
January 21st, 2015 - 12:39 GMT

UAE is best MidEast economy for attracting talent, index says

The report also mentioned the vast refugee influx into Turkey from Syria as millions of people have fled the country's bloody civil war.
January 21st, 2015 - 11:15 GMT

ILO: Turkey to face high unemployment over next three years

Samsung SE790C
January 21st, 2015 - 09:12 GMT

Samsung Electronics unveils new Monitors and Signages at 2015 CES

During the agreement
January 21st, 2015 - 05:47 GMT

PepsiCo-Jordan signs agreement with General Union of Food Industry Employees

Fourth-quarter growth held steady at 7.3 percent from a year earlier, slightly better than expectations.
January 21st, 2015 - 04:55 GMT

The double-digit spell comes to an end: China's GDP growth hits 24-year low

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