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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
December 30th, 2014 - 10:51 GMT

LG and Mercedes-Benz collaborate on intelligent camera system for automated driving

Al Bawaba
December 30th, 2014 - 10:14 GMT

Swiss watchmaker ‘Seculus’ launches a stunning collection

Al Bawaba
December 30th, 2014 - 09:25 GMT

Tech Quest Collaboration with Zayed Higher Organization on display this week

Al Bawaba
December 30th, 2014 - 04:55 GMT

The post-'highest spending in history' year: Saudi Arabia projects much 'bigger than expected' deficit for 2015

Al Bawaba
December 30th, 2014 - 04:54 GMT

Dubai Chamber shares its ATA Carnet experience with Saudi Chambers

Al Bawaba
December 29th, 2014 - 01:20 GMT

Shop 'til you drop...all your Dirhams in Dubai! DSF promises shoppers a winning spree!

Al Bawaba
December 29th, 2014 - 12:59 GMT

Not one for the Korean-Emirati scrapheap? Hyundai to buy scrap metal from UAE's Atlantis Global

Abdul Rahman Issa, Chairman of the Carpet Oasis’ Organizing Committee
December 29th, 2014 - 12:42 GMT

Dubai Customs announces the launch of Carpet & Art Oasis 2015, a long-running attraction of Dubai Shopping Festival

Al Bawaba
December 29th, 2014 - 12:18 GMT

Why investing in your employees and company will pay off

Al Bawaba
December 29th, 2014 - 09:37 GMT

Jordanian Free Zones Corporation brings $500 million investment in 2014

During the event
December 28th, 2014 - 01:57 GMT

Canon supports next generation of filmmakers at 11th Dubai International Film Festival

Dubai Financial Market (DFM)
December 28th, 2014 - 01:45 GMT

A slower index year ahead: Dubai Investors should temper their expectations from the pace of 2014 gains

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