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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 7th, 2014 - 09:27 GMT

LG showcases latest range of energy Efficient refrigerators at IFA 2014

September 7th, 2014 - 03:55 GMT

Anything to get nationals to the private sector: Saudi govt cushions Saudization with subsidies, reduced work hours

Al Bawaba
September 7th, 2014 - 03:55 GMT

Time to tackle the 'brain drain'? Sisi creates a 'council of scholars' to develop a strategic vision for the Egyptian economy

Al Bawaba
September 4th, 2014 - 02:50 GMT

Greece requests emergency funding from the EU over flooding Iraqi, Syrian asylum seekers

Al Bawaba
September 4th, 2014 - 08:55 GMT

UAE records strong business growth in August

Fahmy declined to reveal the names of investors that are slated to settle their disputes with government bodies, saying that the settlements have not yet been approved by the cabinet.
September 3rd, 2014 - 06:39 GMT

Keen to move on? Egypt to settle 22 investment disputes

Al Bawaba
September 3rd, 2014 - 10:45 GMT

Schneider Electric Organises ‘Beat the Heat’ Campaign to Promote Latest Power Products

 nation of two million residents, of whom merely 280,000 are citizens, Qatar’s football history is virtually non-existent.
September 3rd, 2014 - 10:22 GMT

Qatar's investments in soccer 'glory' comes at massive costs

Al Bawaba
September 3rd, 2014 - 10:06 GMT

Saudi Arabia has a big role to play in French trade

Al Bawaba
September 3rd, 2014 - 09:32 GMT

Milipol Qatar 2014 will be an important event to mark in the calendar for MENA

Al Bawaba
September 3rd, 2014 - 07:21 GMT

Competition time! UAE the 7th most competitive nation in the world. What’s the secret?

Al Bawaba
September 3rd, 2014 - 05:55 GMT

Dubai Customs and DP World UAE Region coordinate processes in support of trade facilitation

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