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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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During the event
December 18th, 2014 - 12:37 GMT

Samsung Electronics Levant Inaugurates Samsung Academy and Ultrasound Lab at University of Jordan

During the event
December 18th, 2014 - 10:04 GMT

Shareholders approve acquisition of Jebel Ali Free Zone and delisting from the London Stock Exchange

Al Bawaba
December 18th, 2014 - 04:55 GMT

Hola $5.4 trillion GDP! Lebanon signs Latin American Free Trade Agreement

Al Bawaba
December 17th, 2014 - 08:18 GMT

PepsiCo Chairman and CEO inaugurates new snacks plant in the Kingdom of Saudi Arabia

Al Bawaba
December 17th, 2014 - 04:55 GMT

Turkish defense firm launches Jordan subsidiary

Al Bawaba
December 17th, 2014 - 04:40 GMT

Dubai Chamber to send a trade mission to Czech Republic in mid-2015

The EIU predicts China will be the largest export market for the GCC by 2020.
December 17th, 2014 - 02:27 GMT

The reliable consumer: China on track to become biggest export market for GCC by 2020

Abdel Nour is expected to hold the council’s first meeting tomorrow to review future plans and the most important proposals for developing bilateral relations.
December 17th, 2014 - 01:36 GMT

A milestone? Egyptian-Chinese business council formed

Al Bawaba
December 16th, 2014 - 11:52 GMT

Samsung Electronics Levant sponsors Wasleh Photography Workshop

Al Bawaba
December 16th, 2014 - 10:45 GMT

Dubai Customs claims Brand Award from International Nobel Peace Recommendation Forum

Al Bawaba
December 16th, 2014 - 07:08 GMT

Panasonic’s high-performance trimmers offer a smoother precise shaving experience

Even at current oil prices, analysts estimate Qatar’s state budget might break even next year; it has huge fiscal reserves to cover any deficits.
December 16th, 2014 - 04:55 GMT

Confidence or denial? Qatar expects boom in economy despite oil price slide

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