Egyptian billionaire Samih Sawiris teams up with Emirati investors to deploy $235 million into a coastal tourism megaproject in Morocco's Essaouira

Billionaires Africa | 21.04.2026 17:34
Egyptian billionaire Samih Sawiris is joining forces with UAE-based Al Nowais Investments and Egypt's Sunrise Group to pour $235.2 million (EUR 200 million) into a large-scale coastal tourism project on Morocco's Atlantic coast, Waya.media reported on April 20, citing Asharq Business.