European Parliament: Head of French Senate Foreign Affairs Committee slams anti-Moroccan campaign

Chairman of French Senate Foreign Affairs Committee, Christian Cambon, has denounced the recent vote by the Macronist members of the European Parliament of a resolution undermining Morocco’s judicial sovereignty and independence. In a press release, Mr. Cambon, who also chairs France-Morocco Friendship Group in the French Senate, decried the vote of French MEPs who supported […]

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, […]

Saudi Arabia’s PIF acquires shares in Alphabet, Zoom Video and Microsoft

Saudi Arabia’s Public Investment Fund bought shares in Alphabet, Zoom Video and Microsoft as part of a wider pick of US stocks, bringing the sovereign wealth fund’s second-quarter investments to about $40.8 billion, Arab Finance reports. A filing from US Securities and Exchange Commission indicated that PIF acquired 213,000 class A shares in Alphabet; 4.7 […]