Emirates going to the occupied territories
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United Arab Emirates investing in tourism in occupied Western Sahara, according to Maghreb Confidential.

Published 29 February 2008

UAE Looks to the Far South 
Maghreb Confidential, N° 823, 28 Feb 2008

Up to now the disputed territory of Western Sahara has been the preserve of the Moroccan military which has built up a thriving business, particularly in fisheries, to provide an anchor to Moroccan claims on the region. 

Now, however, the area has begun attracting investors from the Gulf. Quadra Holding, a UAE group that invests in tourist resorts (the Moulay Bouselham resort, with Addoha) has sent a delegation to the Dakla-Oued Eeddahab-Lagouira region to scout for opportunities in fisheries and agriculture.


Morocco: Addoha 
Maghreb Confidential, N° 823 28 Feb 2008 
Addoha has finally joined forces with Jamai to each buy 50% of Saudi Arabia’s Beladi company. The two Moroccan real estate companies initially competed with one another for Beladi.


 

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