The richest people on earth became $1 trillion richer in 2017, more than four times last year’s gain, as stock markets shrugged off economic, social and political divisions to reach record highs. The 23 percent increase on the Bloomberg Billionaires Index, a daily ranking of the world’s 500 richest people, compares with an almost 20 percent incre-ase for both the …

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 …

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 …