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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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But Tunisia's democratic election last year and a surging stock market are a contrast with the bloody turmoil in neighbouring Libya and Egypt
January 20th, 2015 - 12:37 GMT

The Arab Spring's success story: what will it take for Tunisia to unlock its full economic potential?

Ahmed Mahboob Musabih and Ahmad Bin Bayat during the signing ceremony of a MoU between DC and DTMFZA
January 20th, 2015 - 10:35 GMT

Dubai Customs and Dubai Technology and Media Free Zone Authority sign MoU

During the event
January 20th, 2015 - 07:42 GMT

Panasonic receives the 2015 Zayed Future Energy Prize

Al Bawaba
January 20th, 2015 - 04:55 GMT

Harmony restored? Qatar's Emir to attend Egypt's economic summit

Al Bawaba
January 19th, 2015 - 08:04 GMT

Oman Drydock hands over 300th vessel

Al Bawaba
January 19th, 2015 - 01:44 GMT

Saudi NADEC sees 7 percent net profit increase over 2013

Al Bawaba
January 19th, 2015 - 10:31 GMT

Bankers surprised as Egyptian pound starts year at historic low

Dubai Chamber of Commerce and Industry
January 19th, 2015 - 10:23 GMT

Dubai Chamber trade delegation departs for Ghana

During the event
January 19th, 2015 - 08:49 GMT

Department of Economic Development in Dubai honors 15 graduates of Rawasy leadership development program

Panasonic fixed network camera
January 19th, 2015 - 08:15 GMT

Panasonic’s latest fixed network cameras showcased at Intersec 2015

The high interest in buying investment certificates for the Suez Canal project was part of the reason why Egypt witnessed stabilisation in 2014, the report said.
January 19th, 2015 - 04:55 GMT

'Notable improvement' in Egypt's confidence levels, says World Bank

The theme of the year-long celebrations will be: ‘Empowering Vision’
January 18th, 2015 - 11:22 GMT

Dubai Chamber to mark its 50th anniversary with celebrations focused on Dubai’s spectacular growth

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