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Economy
Egyptian hotel group Pickalbatros secures $250 million to expand in Morocco
Egyptian hotel group Pickalbatros Hotels & Resorts wants to increase its capacity in Morocco from 2,700 to 7,000 rooms by 2030. On Thursday, October 15, the group signed a $250 million financing agreement in Marrakech with the International Finance Corporation (IFC), a member of the World Bank Group, and Attijariwafa bank.
16.10.2026 - 14:30
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