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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 1st, 2014 - 02:55 GMT

Kuwait: the 'sleeping giant' with lost dreams

Al Bawaba
May 29th, 2014 - 12:31 GMT

What's missing from Qatar's labor reforms?

Al Bawaba
May 29th, 2014 - 11:57 GMT

Addressing its sinking economy: Yemen accession to the WTO is about becoming a maritime economy

Al Bawaba
May 29th, 2014 - 11:13 GMT

Dubai Chamber identifies opportunities in Iraq’s Islamic finance sector

Losses were estimated at $143.8 billion, a figure the report said was based on estimated damage to residential and state buildings.
May 29th, 2014 - 10:09 GMT

Syrian economy headed 'into ruins'

Planning a meeting at a specific time in Beirut is a virtual impossibility as you may arrive one hour early, late – or not at all.
May 28th, 2014 - 07:24 GMT

The 2 billion dollar question: are traffic jams the result of Lebanese 'over-obsession' with cars?

In line with global standards and corporate governance best practices, there are certain structures that family businesses should look at implementing.
May 28th, 2014 - 06:22 GMT

Why family businesses can make for reliable business partners

Al Bawaba
May 28th, 2014 - 11:35 GMT

Dubai Chamber organises workshop on managing limited liability companies

Al Bawaba
May 28th, 2014 - 11:09 GMT

Dubai Customs and Group 63 launch safe driving campaign at City Walk

Al Bawaba
May 28th, 2014 - 09:05 GMT

Sony launches compact digital camera with highest ever optical zoom range

Al Bawaba
May 28th, 2014 - 07:37 GMT

Samsung unpacks a new Top Mounted Freezer RT6000

Al Bawaba
May 28th, 2014 - 06:43 GMT

Canon puts the spotlight on wireless flash/studio photography with Kenyan professional photographer Osborne Macharia

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