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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 28th, 2014 - 01:37 GMT

Egypt cracks wheat deal with Russia: Cairo to import 120,000 T Russian grain in Jan

Al Bawaba
December 28th, 2014 - 12:52 GMT

Kuwait in financial flux: KSE closes the gap, making up for previous weeks' losses

Al Bawaba
December 28th, 2014 - 12:35 GMT

House of Saud lays out its cards: Saudi's private sector sets out its stalls to conquer 2015 via education, health, economics, social services

Al Bawaba
December 28th, 2014 - 08:00 GMT

Oil losses good for the Gulf sector? Slipping prices, now below $60, no threat to Saudi market

Samsung Electronics SE790C curved monitor
December 28th, 2014 - 06:08 GMT

Samsung Electronics introduces SE790C curved monitor for the ultimate in immersive and comfortable viewing

Al Bawaba
December 28th, 2014 - 04:54 GMT

Dubai's still got what it takes: trade tops Dh1 trillion in 2014

Al-Sayed said the open-door policy of the seventies and the economic reform programme at the beginning of the nineties led to a rapid economic transformation.
December 25th, 2014 - 04:55 GMT

Merry Christmas indeed! 2014 declared Egypt's best economic year since January 2011

Al Bawaba
December 24th, 2014 - 01:43 GMT

When helping NGOs does not pay off: Police arrest Israeli deputy minister Fania Kirshenbaum on charges of funneling funds to non-profit organizations

Ericsson
December 24th, 2014 - 10:19 GMT

ERICSSON maintains a leadership position in Gartner Operations Support Systems Magic Quadrant

DP World
December 24th, 2014 - 08:33 GMT

Seventh world travel award for DP World’s leading cruise hub

During the first 10 months of this year Jordan exported 822,000 tonnes of fruit and vegetables.
December 24th, 2014 - 06:02 GMT

Is the Syrian crisis boosting Jordan's agricultural exports?

Al Bawaba
December 23rd, 2014 - 07:57 GMT

Egypt subscribes to climate control! Poised to sign a 70M Euro agreement for pollution reduction

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