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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
November 30th, 2014 - 06:56 GMT

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

85 inch Bendable UHD TV
November 30th, 2014 - 05:19 GMT

Samsung 2014 Holiday Gift Guide

Sabban also stated that oil prices would never cross $100 again. “It will be a thing of the past.”
November 30th, 2014 - 04:55 GMT

Yeah, right: $45 oil would be 'ideal' price for Saudi budget

Ramez downplayed any negative impact on the foreign currency reserves after paying back the Qatari deposit,.
November 30th, 2014 - 04:55 GMT

A national priority? Egypt pays Qatar back $2.5 billion

Al Bawaba
November 27th, 2014 - 11:16 GMT

A shift from the 'crackdown' rhetoric? Saudi Arabia to allow expats to extend their residency

Al Bawaba
November 27th, 2014 - 10:40 GMT

Is corruption becoming a systemic practice in Turkey?

Some investors, however, worry that the legal and regulatory framework in Egypt might still be too weak.
November 27th, 2014 - 10:33 GMT

Opportunities and challenges for investing in Egypt's renewable energy sector

Al Bawaba
November 27th, 2014 - 10:09 GMT

LG Electronics realigns business units to enhance competitiveness

Lakkotrypis said the best way for Cyprus to export to Egypt was directly via a pipeline.
November 27th, 2014 - 04:55 GMT

In addition to Israeli gas? Egypt has its eyes set on Cypriot gas

Al Bawaba
November 27th, 2014 - 04:55 GMT

Egypt's financial aid: where does it come from and where does it go to?

These rights and duties apply, in most cases, irrespective of the length of time that the person spends in that particular country or the extent of his or her political, economic or cultural ties.
November 26th, 2014 - 07:38 GMT

Dual citizenship: double the opportunities or challenges?

Al Bawaba
November 26th, 2014 - 10:45 GMT

Dubai Customs commemorates strategic partners at Dubai airports

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