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FX winners for 2018: A tour through some bullish calls

Bloomberg Following the dollar’s worst year in more than a decade, foreign-exchange strategists see few signs of optimism for the US currency in 2018. Yet they remain divided as to which of its major peers to be bullish on. While most say monetary policy is set to drive FX movements in the months ahead, just how that translates into market ...

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‘UAE as largest foreign aid donor a realisation of leadership’s vision’

DUBAI / WAM Dr Hanif Hassan Al Qasim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, has said that the UAE’s international success in occupying the first position as the world’s largest foreign aid donor in 2016, according to the Organisation of Economic Cooperation and Development (OECD) is a practical realisation of the vision of an ...

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Saudi expects oil revenue to surge 80% by 2023

Bloomberg Saudi Arabia expects oil revenue to jump about 80 percent by 2023 to help the kingdom record its first budget surplus in a decade, according to people with knowledge of the matter. Under a six-year program to balance the budget, officials predict rising oil prices and output will push income from oil sales to 801.4 billion riyals ($214 billion) ...

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