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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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UAE licences were previously only usable for driving and car hire in nine countries. (File photo)
April 5th, 2018 - 09:00 GMT

UAE Driving License Now Accepted in 50 Countries

The new theme park is expected to open in 2022 as part of the 334-square-kilometre Qiddiya ‘entertainment city’ south of Riyadh. (Shutterstock)
April 5th, 2018 - 07:58 GMT

Saudi Arabia Signs Theme Park Deal With US-Based Six Flags

Bahrain has been among the hardest hit of the Gulf economies during the recent period of low oil prices. (Shutterstock)
April 5th, 2018 - 07:51 GMT

Bahrain’s Labor Force Shrinks in 2017, First Time in 5 Years

The laws of Economics are mutable. Is it time to start questioning them? (Shutterstock)
April 4th, 2018 - 01:58 GMT

It's Time to Start Questioning the 5 'Economic Policy Commandments'

Venture capitalists and investors are funding more startups in e-commerce, fintech, food and beverage, logistics and transport to cash in on the growing popularity of the startup ecosystem. (Shutterstock)
April 4th, 2018 - 11:00 GMT

UAE Startups Lead MENA Region in Investment, at 70 Percent

The total value of apartments that were built since 2015 to date and have not been sold yet is estimated at JD1 billion. (Shutterstock)
April 4th, 2018 - 10:25 GMT

Jordan: Unsold Apartments Since 2015 Valued at JD1 Billion

As per the law, most financial services are VAT exempt in the UAE. (Shutterstock)
April 4th, 2018 - 08:22 GMT

UAE Banks May Hike Fees to Offset Additional VAT Costs in 2018

The Saudi Commission for Tourism and National Heritage has completed tourist visa regulations. (Shutterstock)
April 4th, 2018 - 07:07 GMT

Saudi Arabia Announces Completion of ‘Tourist Visa’ Rules

Prime residential properties in Dubai are more economical than New York, London, Hong Kong, Paris, Geneva, Tokyo and Mumbai, among others.
April 4th, 2018 - 06:34 GMT

Dubai's Prime Property Prices More Affordable Than Global Peers: Report

FDI to developing economies remained stable, at an estimated $653 billion, 2 percent more than the previous year. (Shutterstock)
April 3rd, 2018 - 12:00 GMT

Despite Challenges, Global FDI Hits $1.52 Trillion in 2017

A proposed Islamic investment megabank is likely to be launched in 2018, according to Islamic Development Bank spokesman Abdul-Hakim Elwaer. (Courtesy of Anadolu Agency)
April 3rd, 2018 - 11:07 GMT

Turkey, Muslim Countries to Launch Islamic Megabank in 2018

Approval was issued for an Iraqi investor to obtain Jordanian nationality. (Shutterstock)
April 3rd, 2018 - 10:12 GMT

Jordan: Iraqi Investor First to Receive Citizenship Under New Law

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