United Arab Emirates investing in tourism in occupied Western Sahara, according to Maghreb Confidential.
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.
A company from the UAE is set to develop a new controversial wind farm in occupied Western Sahara later this year.
The firms are to construct 1,200 MW of wind power capacity in occupied Western Sahara, and a 1,400 km transmission line to transport the electricity to Morocco proper – assisting the North African kingdom in its blatant violation of international law and Saharawi rights.
The Belgian-related UAE company Dahamco is to invest several billion dollars in a highly problematic energy project on occupied territory.
The Irish airline has announced a new route to Dakhla in “Morocco”, praising the occupying power for its ”support and vision in securing this major investment".