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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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Lebanon’s gross domestic product dropped 2.9 percent annually between 2012 and 2014
June 3rd, 2014 - 10:07 GMT

Lebanon $7.5 billion short thanks to Syria conflict

Al Bawaba
June 3rd, 2014 - 07:50 GMT

Dubai Customs joins “My Family Reads” initiative

DP World
June 3rd, 2014 - 04:34 GMT

DP World wins Dubai Human Development Award

“The two countries have a lot in common, such as religion, neighborliness, history, and culture,” he stated, adding that these factors can help catalyze their economic relations.
June 3rd, 2014 - 02:55 GMT

An unlikely alliance? Iran, Kuwait decide on economic cooperation

The new service means that as of August 1, Emirates will offer passengers 14,185 seats each week on the route from Dubai.
June 2nd, 2014 - 08:35 GMT

Emirates to fly to Karachi six times a day

But the prospect of large job cuts at Alitalia and the airline’s debt of at least €800 million have been major hurdles in the talks.
June 2nd, 2014 - 02:47 GMT

Airline Darwinism: Eithad, Alitalia reach breakthrough in negotiations

Although the proportions of young men and women in education are very close throughout the region collectively (46% men and 44% for women respectively), 23% of young women are not part of the labour force.
June 2nd, 2014 - 02:33 GMT

The Female Challenge of North Africa and the Middle East

Al Bawaba
June 2nd, 2014 - 04:25 GMT

Dubai Customs receives TECOM Investments’ delegation

Mearly half of Yemen's population is going hungry, the UN's food agency warned Friday, saying it was scaling up its aid to the impoverished country.
June 2nd, 2014 - 02:55 GMT

Poor Yemen: half of Yemenis threatened by food crisis

Al Bawaba
June 2nd, 2014 - 02:55 GMT

Sisi yes: 10% raise for all governmental employees in Egypt

Three years after the fall of Hosni Mubarak amid a street uprising in Tahrir Square, Egypt’s political and economic future is still uncertain.
June 1st, 2014 - 08:29 GMT

The three formidable E's: Egypt, elections,and energy

Al Bawaba
June 1st, 2014 - 07:49 GMT

Samsung launches Food ShowCase refrigerator

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