Foreign investors buy Tunisian hotels

By A staff reporter 2007-08-21T00:00:00

Saudi group MBI International and Libya's Layco have purchased the five-star Hotel Africa in the centre of Tunis for EUR 43 mln, Tunisia's tourism ministry has announced. The 189-room hotel is part of the El Mouradi hotel chain owned by Tunisian entrepreneur Neji Mehiri. MBI International, owned by Sheikh ...

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