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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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“We are used to a gap in time between promises and the actual funding,” Gomaa said.
October 26th, 2014 - 01:49 GMT

Grandiose promises, humble gestures: will Gaza actually receive all the aid it was pledged?

The transaction completes the financial restructuring of Doux that filed for insolvency over two years ago.
October 24th, 2014 - 07:59 GMT

Converting them to halal? Saudi Arabia buys stake in major French poultry firm

Al Bawaba
October 23rd, 2014 - 05:29 GMT

Dubai World Central to welcome IHG’S two new airport hotels

Al Bawaba
October 22nd, 2014 - 11:35 GMT

DP World welcomes first scheduled vessel to new terminal

Al Bawaba
October 22nd, 2014 - 09:21 GMT

Samsung TV sales triple at GITEX Shopper 2014

Al Bawaba
October 21st, 2014 - 08:45 GMT

Samsung rises to No. 7 in interbrand’s ‘Best Global Brands 2014’ report

Al Bawaba
October 21st, 2014 - 04:26 GMT

Dubai Customs hosts a DGEP seminar showcasing its success story

Employers do not recognise the importance of job security as a key retention driver for employees.
October 20th, 2014 - 10:08 GMT

Trouble getting them, trouble keeping them? Middle East firms challenged in attracting, retaining talent

The best way to end terrorist violence is to make sure that the twisted calls of terrorist leaders fall on deaf ears.
October 20th, 2014 - 07:47 GMT

Does capitalism provide a solution to terrorism?

October 20th, 2014 - 05:05 GMT

Soft Diplomacy and PPP key to Somalia’s recovery and combatting Al Shabaab say experts

Al Bawaba
October 19th, 2014 - 05:40 GMT

Samsung Electronics Levant and BCI Group launch GALAXY Note 4

H.E. Ahmed Mahboob Musabih
October 19th, 2014 - 05:17 GMT

Dubai Customs presents its vsion in customs work development at 'Global Customs and Trade Facilitation' summit

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