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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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Global cocoa consumption has grown by an average of three percent every year from 2008 to 2012.
November 19th, 2014 - 04:55 GMT

A global tragedy: the world is running out of chocolate

Being post-fear can be a disaster, because it makes you both complacent and overconfident.
November 19th, 2014 - 04:55 GMT

How fear can be a good force in the workplace

Al Bawaba
November 18th, 2014 - 08:12 GMT

Operation Protective Edge puts Israeli economic growth in the negative for first time since 2009

Transportation from port to the retailer/buyer, how are the boxes placed: dedicated trucks for halal? Mixed with non-halal product boxes?
November 18th, 2014 - 08:02 GMT

Does the halal industry really understand what cross contamination is?

Al Bawaba
November 18th, 2014 - 07:46 GMT

Lebanon officially launches battle against 'rotten' food industry

The helicopter can carry four people and is capable of flying up to 14,000 feet. It has a 300-horsepower engine.
November 18th, 2014 - 06:38 GMT

Talk about a comeback: Iran displays its first locally made helicopter, drone

Al Bawaba
November 18th, 2014 - 06:19 GMT

The force behind the boom: India urges Gulf countries to its Indian citizens more

Al Bawaba
November 18th, 2014 - 08:52 GMT

Chairman of China’s Qingdao Port visits Jafza

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

Housing and education costs eating away Dubai's tax-free benefits

Al Bawaba
November 17th, 2014 - 10:14 GMT

With World Cup under its sleeve, Qatar comes fourth in global slavery index

The non-oil activity will be driving Oman’s growth in the coming years, according to the report by National bank of Kuwait (NBK).
November 17th, 2014 - 04:46 GMT

The quiet overachiever: Is Oman going to do better than its GCC peers in 2015?

Al Bawaba
November 17th, 2014 - 12:21 GMT

Dubai Customs hosts workshop on Dubai Government Unified Complaints and Suggestions System

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