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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 9th, 2014 - 07:46 GMT

Samsung Gear S enhances the smart wearable experience

Iran exported $5.2 billion of food and agricultural products and imported $13.2 billion of the products in the previous Iranian calendar year.
September 8th, 2014 - 07:18 GMT

Circumventing sanctions? Iran's pistachio exports jump 50% in 5 months

Dubai Customs
September 8th, 2014 - 10:58 GMT

Dubai Government Suggestions Forum 2014 to discuss shifting into innovative suggestion platform

Al Bawaba
September 8th, 2014 - 06:13 GMT

Dubai Chamber study reviews maritime cooperation between Dubai, Hamburg

Al Bawaba
September 8th, 2014 - 03:55 GMT

A thriving black market: the lucrative business of runaway maids

Speaking ahead of the "Invest in Tunisia: Start-up democracy" conference to be held Monday, Jomaa said Tunisia's new government was upbeat but realistic about a recovery.
September 8th, 2014 - 03:55 GMT

(Re)-Starting Up: Tunisia 'ripe' for post-Arab Spring economic recovery

A Palestinian Agriculture Ministry official says the recent Israeli onslaught against the Gaza Strip has had grave impacts on the farming sector in the besieged coastal sliver.
September 8th, 2014 - 03:55 GMT

Nothing left unharmed: Gaza farming drastically hit by Israel offensive

Hamdallah, who heads the Palestinian government of national consensus which took office on 2 June, said the problem of the wages had turned into the main stumbling block to an intra-Palestinian reconciliation deal.
September 8th, 2014 - 03:55 GMT

Unpaid Hamas wages puts Palestinian unity at crossroads

Al Bawaba
September 8th, 2014 - 03:55 GMT

The Middle East included, of course: corruption costs poor countries trillion dollars a year

Held at Cultural Palace on Wednesday August 27th, 2014, the event enjoyed a highly interactive atmosphere and also garnered extensive coverage by the media.
September 7th, 2014 - 03:40 GMT

Jordan Ahli Bank Sponsors Zade Dirani Collaborative Musical Performance

Automakers have largely renewed their fleets of mainstream sedans and small cars.
September 7th, 2014 - 01:15 GMT

Going big (and small): 2015's hottest cars and trucks

Turkey is the second-largest table olive producer and fourth largest in olive oil production globally. Turkey's share in worldwide olive oil production is 16.7 percent.
September 7th, 2014 - 12:37 GMT

Turkey facing an 'unprecedented' agricultural crisis

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