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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 15th, 2014 - 11:57 GMT

With 238 dead, what is it that makes mining in Turkey so fatal?

Al Bawaba
May 15th, 2014 - 07:32 GMT

Presenting Pepsi beats of the beautiful game

During the event
May 15th, 2014 - 05:23 GMT

UDC sponsors conference on protection of expatriate workers

Al Bawaba
May 15th, 2014 - 04:25 GMT

An IMF delegation visit Dubai Customs to review the latest developments in foreign trade

Al Bawaba
May 14th, 2014 - 11:04 GMT

Humanity vs Labour exploitation: 1-0. World Cup violations induce Qatar to put an end to sponsorship system

Al Bawaba
May 14th, 2014 - 10:45 GMT

A second chance? Nissan profits surpass 2008 high in UAE

The amount of respect we show to authority is deeply rooted in the culture we are raised in.
May 14th, 2014 - 10:12 GMT

Why are bosses so different? Culture may be the answer

The partial application of the customs union contributed effectively to increased volume of inter-GCC trade, which were up threefold to $100 billion (Dh367 billion) in 2012 compared to $32 billion in 2005.
May 14th, 2014 - 10:44 GMT

GCC customs union: a common good for all?

Al Bawaba
May 14th, 2014 - 08:38 GMT

Sony unveils new DSLR-style Cyber-shot Camera with high optical zoom

Al Bawaba
May 13th, 2014 - 11:20 GMT

“Day of rage”: Lebanon’s salary scale for civil servants to come under serious scrutiny

Al Bawaba
May 13th, 2014 - 11:06 GMT

New OECD report exposes true weaknesses in Egyptian economic governance

Al Bawaba
May 13th, 2014 - 09:45 GMT

Dubai Chamber discusses new ties with business leaders from the Spanish city of Granada

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