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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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The Prime Minister said he would not tolerate opposition within the government and will call elections.
December 3rd, 2014 - 04:55 GMT

Long live lunacy? Netanyahu fires his country's finance minister, along with Livni

"The deal was reached today and endorsed by the Iraqi cabinet. Now it's a done deal," Zebari said.
December 2nd, 2014 - 04:52 GMT

The ISIL threat put everything in perspective? Iraq, Kurdistan reach formal agreement on oil, budget

Al Bawaba
December 2nd, 2014 - 08:48 GMT

Samsung Electronics levant holds a campaign for Big TVs

Al Bawaba
December 1st, 2014 - 11:45 GMT

Healthier tendencies: Saudi Arabia further liberalizes healthcare sector

 One way in which Middle East investors are increasing their holdings is by placing more capital into alternatives
December 1st, 2014 - 05:10 GMT

Reasons to be optimistic about the global economy in 2015

Al Bawaba
December 1st, 2014 - 03:20 GMT

What non-oil reliance? Dubai braces for fifth recession warning as oil prices clash

The professor said the deterioration in the quality of public services is blamed on the “decline in ethics” in the Jordanian society,
December 1st, 2014 - 02:58 GMT

A quest for reform: a day in the life of Jordan's undercover public sector inspectors

Al Bawaba
December 1st, 2014 - 09:45 GMT

Dubai Customs celebrates UAE’s 43 National Day

Al Bawaba
December 1st, 2014 - 07:07 GMT

The Ideal Shower experience for everyone at touch of a button

Al Bawaba
December 1st, 2014 - 04:55 GMT

The new Egyptian blockade: a harder hit to the Gaza economy

Total car production was 1.6 million in 2011, but it had halved two years later.
November 30th, 2014 - 10:08 GMT

The blessing in disguise? How sanctions have created a potentially powerful role for Iran's local automative industry

The UK’s Sunday Times newspaper said that it has submitted previously unpublished material providing further details of the allegations to a House of Commons committee.
November 30th, 2014 - 12:59 GMT

It's never over: fresh World Cup allegations arise against Qatar, Russia

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