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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
June 8th, 2014 - 07:43 GMT

'Friends of Egypt': King Abdullah calls Sisi to pledge economic support

This marks the first day of a campaign initiated by Dilvia to encourage people to donate blood in order to meet the high demand and low availability in hospitals across the region.
June 5th, 2014 - 12:07 GMT

Kurdistan's youth start a new bloody business

Al Bawaba
June 5th, 2014 - 11:34 GMT

Dubai Chamber Sustainability Network launches ‘ACT to Sustain - Be Responsible’ Waste Management Campaign

 Ibrahim Saif said that Kim’s visit “sheds light on the repercussions of the refugee crisis on the Jordanian economy”.
June 5th, 2014 - 10:59 GMT

Jordan’s wasta? UNHCR says World Bank loans to Jordan should become grants

Al Bawaba
June 5th, 2014 - 02:55 GMT

With an impending scorching summer, midday work to be banned in the UAE

Patient investors who buy when prices are at the low-point of the cycle always win in the long run. Historically gold prices are cheapest in June.
June 4th, 2014 - 08:05 GMT

To anyone buying gold in June: your patience shall be rewarded

Al Bawaba
June 4th, 2014 - 11:30 GMT

Emrill appoints Jason Ruehland as Managing Director

Al Bawaba
June 4th, 2014 - 08:29 GMT

Rafiah Ibrahim appointed Ericsson’s President and Head of Region Middle East and North East Africa

DP World
June 4th, 2014 - 05:16 GMT

DP World’s TURN8 seed accelerator prepares for investor Demo Day

Al Bawaba
June 4th, 2014 - 04:25 GMT

Panasonic collaborates with Dubai Municipality and ECAT to celebrate World Environment Day

Growth has been so fast in recent years that any slowing of construction spending due to the loss of the World Cup might have little impact on the overall economy.
June 4th, 2014 - 02:55 GMT

Envisioning the possible: how much would Qatar's economy actually lose out on if it lost the World Cup?

Omani policymakers are taking steps in the same direction as the Dubai model to enhance growth and maintain fiscal sustainability.
June 3rd, 2014 - 12:31 GMT

The quiet overachiever: Oman's 'new' growth model

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