SERVICES

Casablanca Port to get Tourism Boost

Casablanca - The Arab Gulf states fund Wessal Capital will invest 6 billion dirhams ($737 million) in tourism infrastructure in the port of Casablanca, the first in a series of other similar projects planned by the Gulf states.

Casablanca - The Arab Gulf states fund Wessal Capital will invest 6 billion dirhams ($737 million) in tourism infrastructure in the port of Casablanca, the first in a series of other similar projects planned by the Gulf states.

Wessal Capital is a joint venture focused on tourism development in Morocco, created by Qatari fund Qatar Holding, the Kuwait Investment Authority’s Al Ajial Investments, Abu Dhabi’s sovereign wealth fund Aabar , Saudi Investment Fund and Moroccan Fund for Tourism Development (FMDT). ($1 = 8.1362 Moroccan Dirhams).

Pressed for time?

Get the best news of the week in your inbox

Subscribe ››