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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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 Already, almost 180,000 children between 6 months old and five years are being treated for severe acute malnutrition.
September 28th, 2014 - 03:55 GMT

'Dead aid': is there any hope left for South Sudan's economy?

Al Bawaba
September 25th, 2014 - 10:21 GMT

Why the ME's high net worth individuals should be investing in family businesses

Al Bawaba
September 25th, 2014 - 07:49 GMT

Israel's GDP per capita growth 'close to zero'

Canon
September 25th, 2014 - 10:05 GMT

Canon to showcase sustainable practices for hospitality sector at The Hotel Show 2014

The announcement came after Madbouly’s visit  to the United States this week to meet with World Bank officials, a Tuesday statement from the ministry said.
September 25th, 2014 - 04:55 GMT

World Bank to grant Egypt $1.5 billion for sanitation, housing projects

Unfortunately, industry remains absent on the agenda of the Egyptian nation and its political leaders, even though there is no alternative to industry in order to achieve equality in wealth distribution.
September 25th, 2014 - 04:55 GMT

The Suez Project: a good start, but not a substitute for industrialization

Al Bawaba
September 24th, 2014 - 07:51 GMT

Canon strengthens its position in Qatari market

Al Bawaba
September 24th, 2014 - 04:55 GMT

The antithesis of economic development: an inside look in to Morocco's archaic, yet alive, class system

"Aid groups turn us into beggars without human dignity and minimal level of respect," he said as he paused for a moment while pushing his wheelchair.
September 24th, 2014 - 03:55 GMT

'VIP coupons' and preferential distribution: Gazans left to chase aid agencies for life

According to Israeli military experts, the country's submarines could be used as a second strike capability in case of an Iranian attack using non-conventional weapons.
September 24th, 2014 - 03:55 GMT

A historic irony: Germany supplies Israel with world's most advanced submarine

Dozens of Chinese firms are producing and exporting "tools of torture", from electric stun guns to metal spiked batons, to countries with bad human rights records, rights group Amnesty International said on Tuesday.
September 23rd, 2014 - 01:56 GMT

Could the Middle East be an importer? Chinese firms top producers of 'tools of torture'

Al Bawaba
September 23rd, 2014 - 07:48 GMT

Samsung announces UHD Ecosystem Expansion with Leading Content Partners

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