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Amer Group Holding (AMER.CA) announced that it has signed a framework deal with Moroccan Tourism Ministry to develop Porto Agadir project, which covers 1.2 million m2 on the Atlantic Ocean coast.
As pursuant to the agreement, Amer Group said in release to the Egyptian Exchange (EGX) it will be responsible for development of the tourist destination including hotels, shopping malls, cinemas, apartments, and entertainment sponsored by Papa Porto.
