| As millions took to the streets throughout North Africa during the Arab Spring of 2011, the Kingdom of Morocco, untouched but not unshaken, devised a plan to revamp the country's infrastructure and promote tourism.
That year the government launched the $1.8 billion Moroccan Fund for Tourism Development. It also asked for help from a who's who of Gulf sovereign wealth funds - the Kuwait Investment Authority, Abu Dhabi's International Petroleum Investment Co., Saudi Arabia's Public Investment Fund, and the Qatar Investment Authority - with combined assets estimated to top $1 trillion.......................................Full Article: Source
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