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Africa and Middle East attracting growing share of $400bn in global wealth — report

A new study into global wealth creation and redistribution has revealed a noteworthy trend in Africa and the Middle East, which are now attracting a growing share of the $400 billion in wealth brought along by migrating ultra-rich individuals. Since the onset of the Covid-19 pandemic, billionaires worldwide have been relocating more frequently, with Switzerland, […]

Morocco’s Central Bank governor among World’s 10 best performers

Governor of Morocco’s Central Bank Abdellatif Jouahri maintained his ranking among the 10 best performing peers in the globe, Global Finance said in its Central Banker Report Cards 2021. The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories including the European […]

Migration: Rabat, Madrid deny any deal allowing Spanish rescue boats to dock in Moroccan ports

Morocco and Spain have both flatly denied the reports circulated by some Spanish media alleging that the two countries have reached an agreement, allowing Spanish rescue boats of illegal immigrants to dock in the northern ports of Morocco. “This is false and arch-false, information. There is no agreement on this matter with Spain,” said Mustapha […]