Egyptian billionaire Samih Sawiris is spending €200 million on a resort Morocco never finished
Samih Sawiris wants to recreate El Gouna on Morocco's Atlantic coast, starting with 800 rooms in a €200 million first phase at Mogador-Essaouira.
Tourism
Fund set up by Moroccan King Mohammed VI to rescue hotel chains in distress
The Mohammed VI Investment Fund aims to revive activity in Morocco’s tourism sector.