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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 26th, 2014 - 10:42 GMT

Epson introduces higher Colour Light Output projectors in Saudi Arabia

Al Bawaba
November 26th, 2014 - 10:39 GMT

LG Electronics Academy holds training workshop for public and private organizations on the Multi V4 Central Air Conditioning System

Al Bawaba
November 26th, 2014 - 08:49 GMT

Jafza wins Sheikh Khalifa Excellence Award

Al Bawaba
November 26th, 2014 - 08:48 GMT

Clean figures: UAE kitchen and bathroom imports to hit $30 billion

Al Bawaba
November 26th, 2014 - 08:32 GMT

Emirates Steel wins Skea Gold Award

Ninety international rights and labour groups called in a joint statement Sunday for urgent action to protect migrant workers.
November 25th, 2014 - 09:44 GMT

They can finally get a day off! Gulf states agree on new contract for domestic workers

Al Bawaba
November 25th, 2014 - 10:36 GMT

Dubai Customs receives the grand prize from Ideas UK Association

Al Bawaba
November 25th, 2014 - 09:37 GMT

Samsung Electronics partners with Christie’s to unveil special-edition artisan curved UHD TV

Saudi Arabia is one of the foremost investors in Egypt, with investments exceeding $26bn.
November 25th, 2014 - 04:55 GMT

Saudi investors in Egypt disgruntled with 'legal chaos'

Al Bawaba
November 25th, 2014 - 02:33 GMT

The Middle East's entire 'Wasta' culture needs to go down the drain

The conference aims to profile investment opportunities in Egypt's various sectors.
November 24th, 2014 - 11:52 GMT

The selfless friend? Dubai to host 'Invest in Egypt' conference

Al Bawaba
November 24th, 2014 - 11:38 GMT

Inaugurating a seminar on anti-counterfeiting organised by Dubai Customs in joint collaboration with the Italian Business Council

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