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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
September 14th, 2014 - 07:11 GMT

IDC MarketScape again names Lexmark an industry leader in Managed Print and Document Services

DP World
September 14th, 2014 - 07:07 GMT

DP World Chairman meets Maldivian President and Minister of Tourism

Al Bawaba
September 14th, 2014 - 05:33 GMT

Samsung Electronics Levant sponsors the Jordanian Team during the 17th Asian Games “Incheon 2014”

Al Bawaba
September 14th, 2014 - 03:55 GMT

Less 'Made-in-China': China's factory output crumbles to six-year low

Abdel Nour said the government has begun taking concrete steps to address the current energy crisis in Egypt.
September 11th, 2014 - 09:49 GMT

Rekindling the fire: Egypt to consult with IMF about venues for mutual cooperation

Al Bawaba
September 11th, 2014 - 02:16 GMT

Oil wells, taxes, and scare tactics: how the IS has been making money all this time

Al Bawaba
September 11th, 2014 - 11:38 GMT

Dubai Customs explores antinarcotic cooperation with Dubai Police’s Hemaya International Training Centre

Al Bawaba
September 11th, 2014 - 03:55 GMT

Business marries politics, again: are Erdogan-allied businesses getting away with more?

Fighting across the region, mainly in Syria and Iraq, has left thousands dead in the years since the mass demonstrations of the Arab Spring led to violent uprisings.
September 10th, 2014 - 03:42 GMT

Time to invest closer to home? Why the GCC countries are urged to pump their money into an Arab 'Marshal Plan'

Al Bawaba
September 10th, 2014 - 10:41 GMT

Jebel Ali only non-far east port to rank in top ten – Bin Sulayem credits success to Dubai’s leadership

Al Bawaba
September 10th, 2014 - 10:23 GMT

Toshiba introduces the thin and light Satellite L40t

The brokers also demand a large fee, on average $908 for Bangladeshi workers and $581 for Nepalese workers.
September 9th, 2014 - 04:03 GMT

'Dreams for Sale': an inside look into the domestic worker life in Lebanon

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