Global Finance Magazine declares Qatar richest country in the region

Dubai: The Global Finance Magazine declared Qatar first richest country in the region and fourth in the world with a per capita share of $93,508 followed by the UAE, which ranked 11th globally with a share of $58,753. According to the Global Finance Magazine, Bahrain ranked third richest country in the region and 23rd globally with […]

Egypt: Suez Canal revenues reach $552m in April

Cairo: Egypt’s Suez Canal Authority said on Thursday its revenues in April were $552 million compared with $476 million in the same month last year. The canal’s authority said 1,814 ships transited in April, up from 1,731 ships in the same month last year. A massive container ship blocked the waterway in late March causing […]