Powerful Gulf Sovereign Funds Support Morocco Tourism Fund
Posted on 12/03/2010
Morocco is a major tourist destination and three large Gulf sovereign funds and Al Maabar, a UAE-based property developer, raised 15 billion AED for a tourism fund. This fund seeks to increase tourism in Morocco by financing resort developments. The four investors of the fund were the Kuwait Investment Authority (KIA), Qatar Investment Authority (QIA), […]
- Kuwait Investment Authority
- Moroccan Touristic Engineering Company
- Morocco
- Mumtalakat Holdings
- Qatar Investment Authority
