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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 13th, 2014 - 08:19 GMT

A growth story across Middle East Cities as improving economic and travel backdrop, partnered with Mega Events, reinvigorates trading

Al Bawaba
May 13th, 2014 - 07:35 GMT

Samsung announces worldwide commercial availability of KNOX 2.0 on Galaxy S5

Al Bawaba
May 13th, 2014 - 05:23 GMT

Canon supports ‘GEMS Student Voice’ annual short film competition, backing young aspiring filmmakers

Al Bawaba
May 13th, 2014 - 04:25 GMT

Dubai Customs organizes a seminar on National Identity

The saved itinerary can then be retrieved later on, changed and updated, or booked immediately.
May 13th, 2014 - 02:55 GMT

Etihad airways: first butlers in the sky, now tailor-made holidays

Saudia has already privatized five units including catering, cargo, ground services and Saudia aerospace engineering industries.
May 13th, 2014 - 02:55 GMT

Nationalization to apply to the skies as well? Saudi Arabia keen to Saudize pilot positions

Al Bawaba
May 13th, 2014 - 02:55 GMT

Egypt seizes more assets from Muslim Brotherhood

"When we discussed with Jordanian authorities how public money should be spent, we proposed more expenditure on health and education, and less on energy subsidies,” Lagarde explained.
May 13th, 2014 - 12:20 GMT

Always ready to take things further: IMF ready to provide more (troubles?) for Jordan

"Military ties between Iran and Sudan have grown strong over the years," said the Small Arms Survey, a Swiss-based independent research group.
May 13th, 2014 - 12:13 GMT

Unholy and unexpected: new report reveals Iran's supposed, yet major, role in Sudan's arms industry

Al Bawaba
May 12th, 2014 - 10:09 GMT

Dubai Chamber Best Practices Seminars welcome GCC companies for the first time

Al Bawaba
May 12th, 2014 - 08:21 GMT

Philips and DEC launch innovation competition for UAE university students

Al Bawaba
May 12th, 2014 - 07:13 GMT

A high ranking Turkish delegation led by the Governor of Bursa visits Jafza

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