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RABAT, Morocco – Wessal Capital, a joint venture created by Morocco and four Gulf States, will invest 9 billion dirhams ($1.10 billion) in tourism infrastructure in the Moroccan capital Rabat, a state RABAT, Morocco – Wessal Capital, a joint venture created by Morocco and four Gulf States, will invest 9 billion dirhams ($1.10 billion) in tourism infrastructure in the Moroccan capital Rabat, a statement from the fund said on Monday. Wessal Capital fund is focused on tourism development in Morocco and is supported by Qatari fund Qatar Holding, the Kuwait Investment Authority’s Al Ajial Investments, Abu Dhabi’s sovereign wealth fund Aabar, Saudi Investment Fund and the Moroccan Fund for Tourism Development (FMDT).

Rabat saléemmour zaëmoSaudi arabiaGrand casablancaUnited arab emiratesGulf statesAtlantic oceanLahcen haddadAbu dhabiQatar holdingSaudi investment fundKuwait investment authority al ajial investmentsMoroccan fund for tourism developmentWessal capitalKuwait investment authorityMoroccan fundTourism development