Qatar Holdings, the Kuwait Investment Authority’s Al Ajial Investments and Aabar Investments agreed with Morocco’s Fund for the Development of Tourism to inject US$ 2.5 billion into a newly-created vehicle called Wessal Capital. Wessal Capital will focus on developing new resorts in Morocco.Proposed Equity Capital Structure of Wessal Capital :
- 25% Qatar Holdings
- 25% Al Ajial Investments
- 25% Aabar Investments
- 25% Morocco’s Fund for the Development of Tourism
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