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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
May 22nd, 2014 - 09:39 GMT

Dubai Chamber Sustainability Network members launch Road Safety Campaign

Al Bawaba
May 22nd, 2014 - 09:16 GMT

Samsung announces ‘Launching People’ Campaign winners

Agricultural water use represents 82.6% of the total usage of available water resources, and reached 74.5bn cubic metres in 2011/2012
May 22nd, 2014 - 02:55 GMT

Has Egypt reached a state of water poverty?

Al Bawaba
May 21st, 2014 - 08:20 GMT

Time for a Sisi-meter? Sisi declares his ambitions for the Egyptian economy

Over the years, Sudan has accumulated approximately $44 billion worth of debt.
May 21st, 2014 - 03:55 GMT

No success here: Sudanese seccession leaves behind shattered economy

Al Bawaba
May 21st, 2014 - 01:42 GMT

Forget Israel, forget the Brotherhood: Egypt's army has a tougher, more formidable enemy to fight

Al Bawaba
May 20th, 2014 - 08:10 GMT

Siblings in competition: Sharjah's ambitions reaching new heights

Sources close to former Prime Minister Najib Mikati, urged people “to distance Tripoli’s projects from politics.”
May 20th, 2014 - 01:50 GMT

Is Tripoli being subjected to 'economic punishment'?

Al Bawaba
May 20th, 2014 - 09:43 GMT

DP World celebrates grand opening of Automated Brisbane Terminal

Al Bawaba
May 20th, 2014 - 09:36 GMT

Samsung Galaxy 11 world tour grand journey visits Dubai

Al Bawaba
May 20th, 2014 - 04:25 GMT

Dubai Customs observes World Ideas Week for Fourth Consecutive Year

Israel Chemicals, controlled by Israel Corp. recently bought a 30% stake in Canada's Allana Potash, which is preparing to mine potash deposit in the Dalol region in the Afar Regional State, in northeast Ethiopia.
May 20th, 2014 - 02:55 GMT

If only they were this nice to their immigrants: Israel to invest $600 million into transforming Ethiopia's Potash industry

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