Egyptian hotel tycoon Kamel Abou Aly secures $250 million to expand in Morocco
Billionaires Africa | 19.10.2026 06:05
Egyptian hotel tycoon Kamel Abou Aly has secured $250 million in loans to expand his Pickalbatros Hotels & Resorts group in Morocco, where he is buying city hotels and upgrading resorts ahead of the 2030 FIFA World Cup.