VOL. XLV
No 32
12-August-2002
MOROCCO
Dallah Al-Barakah To Invest$148Mn In Moroccan Tourism
Saudi group Dallahal-Barakah and the Moroccan Government have signed anagreement under which a subsidiary of Dallah al-Barakah will invest in the development and running of thenew tourist resort at Taghazout near Agadir in the south of the country. The total amount to beinvested in the program will be MD1.6bn ($148.3mn), and will be used forpreparatory work and basic infrastructure. MD10mn ($927,000) will...
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