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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 19th, 2014 - 05:06 GMT

Sony celebrates six-fold at 2014 EISA awards

Al Bawaba
August 19th, 2014 - 04:58 GMT

Lenovo enters Oman smartphone market with compelling, diverse portfolio

Al Bawaba
August 19th, 2014 - 04:25 GMT

Honeywell propels embraer legacy 500 into service

The new arrests came as security authorities weigh options to issue tickets to both illegal workers and their employers instead of arresting them, sabq.org reported.
August 19th, 2014 - 03:55 GMT

Unholy labor inspection campaign sweeps Mecca

over the course of time, the AKP has taken up the path of all the previous populist governments and begun to see the public sector as an easy way to provide employment for people.
August 18th, 2014 - 12:26 GMT

Is Erdogan's party waging a 'holy war' against the free market economy?

Ahmed bin Lahej, Director of Passenger Operations at Dubai Customs
August 18th, 2014 - 11:52 GMT

Passenger Operations conducts 1037 seizures during first half of 2014, up by 23%

Al Bawaba
August 18th, 2014 - 07:36 GMT

Emrill ascents to 380 meters with 23 Marina

Al Bawaba
August 18th, 2014 - 05:02 GMT

Enjoy high quality sound anytime, anywhere with Sony’s new compact portable wireless speakers

Available indicators of Brazil’s economic activity during the 2014 FIFA World Cup are as dismal as the performance of its national team during the tournament.
August 17th, 2014 - 08:22 GMT

Costs and benefits: the tough economics of hosting the World Cup

The most commonly used measures of development and national performance in an economy have traditionally been Gross Domestic Product (GDP) and associated indicators.
August 17th, 2014 - 08:13 GMT

Mind the gap: descripancy between income and social development persists in the Middle East

Al Bawaba
August 17th, 2014 - 07:43 GMT

Israel's economy just stopped growing

The oil share of GDP remained however near its recent highs at 66 per cent (including refining).
August 17th, 2014 - 07:31 GMT

Regaining momentum? Non-oil activity raises Kuwait's GDP to $175 billion

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