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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
August 24th, 2014 - 05:05 GMT

Dubai Customs welcomes children returning back home with gifts wrapped with a smile!

While there are no readily available national statistics, a number of experts in the field say anti-depressant sales are on the rise.
August 24th, 2014 - 03:55 GMT

Literally depressing: economic hardship pushing lebanese towards depression

is Majesty King Abdullah on Thursday urged the private and public sectors to join efforts to define the priorities of the 10-year economic plan he asked the government to draft.
August 24th, 2014 - 03:55 GMT

Not politics, nor security: Jordan's troubles are economic, says King

Al Bawaba
August 24th, 2014 - 03:55 GMT

Putting the 'ease of doing business' index to test: all you need to know about setting up a business in Dubai

Sheika Fatima also urged Emirati youth to be rational towards wedding expenditure, saying that overspending often leads to negative effects on family stability.
August 21st, 2014 - 10:18 GMT

Tying the knots: Marriage fund in the UAE to establish mass weddings

Al Bawaba
August 21st, 2014 - 01:46 GMT

Why women are the answer to Egypt's 'faltering renaissance'

Al Bawaba
August 21st, 2014 - 08:06 GMT

Dubai Properties celebrates the Middle East’s First Hosting of FIBA U17 World Championship

Al Bawaba
August 20th, 2014 - 06:41 GMT

US corporations cancel meeting in Glasgow for flying Palestinian flag

Al Bawaba
August 20th, 2014 - 06:39 GMT

LG to unveil world’s first 21:9 curved IPS Ultrawide monitor at IFA 2014

“This is the last major opportunity out there in the world that can suddenly become accessible, almost overnight,” he says.
August 20th, 2014 - 03:55 GMT

Fully booked for post-sanctions business: Iran's five star hotels are buzzing with Western business delegations

According to the survey, the most common routes to finding a job in Lebanon are online job sites, through family and friends, and direct applications to target companies.
August 19th, 2014 - 01:04 GMT

The source of all brain drain: Lebanon's university graduates downbeat about their future prospects

hese remarks were made at a meeting between JCC board of directors and a delegation representing the Palestinian union of commercial, industrial and agricultural chambers.
August 19th, 2014 - 12:04 GMT

Out of character or perfectly in character? President of Jordan's Chamber of Commerce calls on boycott of Israeli goods

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