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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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According to the Egyptian Government, the upcoming phase will witness noticeable activity in investments in the transport and logistics sector.
December 9th, 2014 - 02:49 GMT

Benvenuto! Fifty Italian companies to come to Egypt

Al Bawaba
December 9th, 2014 - 09:09 GMT

Jotun expands reach in the Middle East with the opening of the 2000th Multicolor Centre

ASUS
December 9th, 2014 - 07:43 GMT

ASUS announces X99-WS/IPMI

Al Bawaba
December 9th, 2014 - 07:30 GMT

16th Xerox Corporate Golf Challenge grand final to be held in Ras Al Khaimah this weekend

The increasingly important region is renowned for its discerning customers, who appreciate the unique combination of luxury and performance offered by Bentley.
December 9th, 2014 - 04:55 GMT

Thank you, Dubai police? More Bentley's to come to the Middle East

Al Bawaba
December 8th, 2014 - 11:44 GMT

Dubai Customs’ 8th IPR Awards for Schools and Universities launched

 "Israel is of course exceptional, because it had no severe economic crisis, because you listened to Stanley Fischer's advice," he said
December 8th, 2014 - 05:55 GMT

'Israel to overtake US in economic inequality,' says Obama Advisor.

Located in the incubator building at Masdar City, the centre is a reconfigurable, multi-purpose facility and will not be restricted to providing only security solutions.
December 8th, 2014 - 05:55 GMT

More like a weapons deal? US defense firm to open new 'innovation' centre in the UAE

Al Bawaba
December 7th, 2014 - 11:02 GMT

Dubai Customs showcases its leading smart services experience to the WCO’s Permanent Technical Committee in Brussels

Al Bawaba
December 7th, 2014 - 10:34 GMT

Dubai Chamber brings UAE business community face to face with Kyrgyz President

Al Bawaba
December 7th, 2014 - 08:28 GMT

Fifty-six Saudi students graduate from the Nestlé Centre of Excellence with a promising view to their careers

Al Bawaba
December 7th, 2014 - 07:50 GMT

Ericsson and the International Rescue Committee join forces to transform humanitarian response and fight against Ebola

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