A French delegation visiting Morocco with President Emmanuel Macron on Tuesday unveiled investment plans in the disputed Western Sahara as part of a broader suite of agreements and partnerships between the two countries. Projects in Dakhla and the Guelmim-Oued Noun region are among the 10 billion euros ($10.8 billion) worth of initiatives announced during Macron's three-day visit to Rabat, which include agreements to build and expand renewable energy and transportation infrastructure throughout the North African Kingdom. ...
Sahara Group, the Indian owner of assets ranging from TV channels to real estate, bought the Grosvenor House in London’s Mayfair district, its first overseas hotel acquisition. Grosvenor House was purchased from Royal Bank of Scotland Plc, the U.K.’s biggest government-owned bank, for 470 million pounds ($726 million), Lucknow-based Sahara said in a statement yesterday. Sahara plans to add an Indian restaurant, night club, spa and swimming pool to the high-end hotel, which has 420 rooms and 74 suites. ...
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