First Independent Mena Newspaper
Casablanca Finance City has outstripped Johannesburg and Mauritius to become the leading financial center in Africa as it topped the continent’s ranking established by the Global Financial Centers Index (GFCI.) At the global level, CFC stands on the 33rd position of the ranking established by GFCI which ranks financial centers according to one main criteria: […]
Algerian Minister of Industry, Abdesslam Bouchouareb has been cited in the Offshore Financial scandal revealed on Sunday by the International Consortium of Investigative Journalists (ICIJ.) Bouchouareb is so far the only Algerian leader to be leaked. According to ICIJ’s cache of 11.5 million records, the Algerian minister owns an offshore company in Panama known as […]
Casablanca Finance City has leapt up 9 places in the new ranking of the Global Financial Centers Index (GFCI) released on Monday in Busan, Korea. According to this new ranking, unveiled in the seventeenth Global Financial Centres Index (GFCI 17) which rates 82 financial centers, Casablanca Finance City has moved up from the 51st rank […]
Casablanca Finance City or CFC has won 11 positions in the new ranking of the Global Financial Centers Index (GFCI) released on Monday at a ceremony hosted by the CFC authority in Casablanca. With this new ranking of 83 financial centers, Casablanca Finance City has moved up from the 62nd place it held last March, […]
A survey done by the Economist Intelligence Unit, a financial agency has been made public and Algeria has been classified as part of the 10 cheapest countries in the world. The survey which took into consideration a total of 131 cities from all the continents of the world was aimed at determining cities where the […]
Lately many European banks have been suffering because of the slow European economy. UBS, one of the major Swiss bank wishes to prevent dilapidating profits by diminishing operations that have been jugged risky. Thus deciding to mainly exploit its wealth management group. This bank that is based in Zurich was forced to put in place […]