Kasada targets first North Africa hotel deal


Kasada Capital aims to close a fund for investments in Morocco by the end of the year. — Bloomberg

ABU DHABI: Kasada Capital Management, a private equity firm backed by Qatar’s US$524bil sovereign wealth fund, expects to strike a hotel deal in Morocco in the first half of 2026, marking its entry into North Africa’s booming hospitality and tourism industry. 

The hospitality-focused firm, whose backers include the Qatar Investment Authority and French hotel group Accor SA, has set up an office in Casablanca to assess opportunities and aims to close a fund for investments in Morocco by the end of the year. 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Indonesia treads with care
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Philippine stocks set for recovery
Bull charges cautiously
Bursa’s quiet year sets stage for comeback

Others Also Read