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Main headlines

Main headlines latest

Sanae Takaichi
July 1st, 2026 - 10:46 GMT
P. Choiaqo

P. Choiaqo

Japan is kicking out foreign residents as government tightens visa requirements

ALBAWABA - As the Japanese population plummets with a severely aging society, and as the Japanese government records worker shortages in many sectors - stubbornly, Sanae Takaichi’s government is passing laws making it harder for foreign residents to renew their visas. The laws even affect successful business owners, as one Nepalese resident reports, according to AFP. “My dream is broken.” says 38-year-old Budhathoki Samjhana, a restaurant owner in Okubo, Tokyo ...
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The law, passed by parliament approved a EGP 5 billion start-up capital for the fund called ‘Egypt Fund’ with EGP 1 billion pounds to be transferred immediately from the treasury. (Shutterstock)
July 19th, 2018 - 08:38 GMT

EGP 200 Billion Sovereign Wealth Fund to Be Set up in Egypt

Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude. (Shutterstock)
July 19th, 2018 - 08:02 GMT

Aramco Mulls over Acquisition a Stake in SABIC

The Amazon founder and CEO now has a net worth more than $150 billion. (AFP)
July 18th, 2018 - 01:04 GMT

Amazon's Finder Becomes Richest Man in Modern History

The US low-cost carrier JetBlue last week became the first purchaser of the aircraft since its rebrand, with an order for 60 of the single-aisle planes. (AFP)
July 18th, 2018 - 12:34 GMT

Airbus Witnesses Increase in Regional Demand for A220

The bank operates in 30 countries on five continents and owns 40 per cent of Saudi Arabia’s Arab National Bank. (File/Photo)
July 18th, 2018 - 11:33 GMT

Arab Bank to Open Its First Branch in China

The certification covers Stellar’s blockchain and its native currency called Lumens. (Shutterstock)
July 18th, 2018 - 11:24 GMT

Blockchain Platform Stellar Attains Shari’ah Compliance Certificates in Bahrain

The value of cross-regional deals targeting the Middle East increased to $8.1 billion in 2018 first half from $6.4 billion in the same 2017 period. (Shutterstock)
July 18th, 2018 - 11:13 GMT

UAE Dominates the Middle East's M&A Field

Eight people have been killed and hundreds wounded in demonstrations which entered their 10th day on Tuesday. (AFP)
July 18th, 2018 - 11:02 GMT

Iraq Online Shutdown to Result in Losses Worth $40 Million a Day

According to mid-year Cost of Living Index released by Numbeo, Dubai and Abu Dhabi were rated 113 and 97, respectively, in the list of most expensive cities during the first-half of 2018 as compared to 72 and 93, respectively, during H1 2017. (Shutterstock)
July 18th, 2018 - 10:52 GMT

Cost of Living in UAE Continues to Drop Due to Rents Fall

According to mid-year Cost of Living Index released by Numbeo, Dubai and Abu Dhabi were rated 113 and 97, respectively, in the list of most expensive cities during the first-half of 2018 as compared to 72 and 93, respectively, during H1 2017. (Shutterstock)
July 18th, 2018 - 10:52 GMT

Cost of Living in UAE Continues to Drop Due to Rents Fall

Apart from economists, investors and businessmen, international ratings agencies have expressed deep concern over the delay, reminding the authorities that the growing public debt has reached alarming levels. (Shutterstock)
July 18th, 2018 - 10:45 GMT

Delays in Cabinet Formation Will Hurt Lebanese Economy

Gammoh described the figures the sector achieved during the first six months of 2018 as “unprecedented”. (Pixabay)
July 18th, 2018 - 10:29 GMT

Tourism Sector in Jordan Achieves Unprecedented Figures

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