Egyptian billionaire targets $400M tourism project on Morocco’s Atlantic coast
Samih Sawiris, the Egyptian billionaire and CEO of Orascom, a Cairo-based infrastructure and construction giant, is pursuing a $400 million
Morocco ranked 20th in Allianz Trade’s report “Global Trade Outlook 2024” which identifies the 25 “next generation” trade centers. Morocco is seen as a strategic location at the crossroads of Europe, Africa, and the Middle East. The country’s strong performance in three primary areas, trade potential (ranked 16th), connectivity (ranked 17th), and logistics performance (ranked 23rd), has shown its potential as an emerging global trade hub.
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