Ento Capital, an investment firm managed by the Dubai Financial Services Authority and with a track record of managing $4.6 billion in assets, has reached an agreement with Al Amal Investment Company to lead the development and management of Ritz-Carlton hotels and resorts in Morocco.
The total value of the project is estimated to be over $220 million and includes the construction of a Ritz-Carlton hotel with 200 rooms and 100 luxury residences in Morocco.
This project will contribute to the growth of Morocco's tourism industry and is expected to attract annually 100,000 tourists.
Persian
