Ento Capital spearheads Ritz-Carlton Residences Marrakech restructure

Ento Capital spearheads Ritz-Carlton Residences Marrakech restructure

Ento Capital, an investment banking firm regulated by the Dubai Financial Services Authority with a team track record of $4.6 billion in assets under management, has entered into a financial advisory deal with Al Amal Investment Company (SIAMA) to lead the development and management of The Ritz-Carlton Residences and Resort in Marrakech -- a project valued at more than $220 million.

The landmark agreement marks the strategic expansion of Ento Capital’s asset management and advisory services into the promising North African market.

Set against the enchanting backdrop of Marrakech, The Ritz-Carlton Residences Marrakech is a mixed-use project spanning nearly 50 hectares along the Amezmiz road. As part of this deal, Ento Capital assumes a pivotal role in delivering world-class asset management and organising services for the project in Morocco, said a statement.

Hayssam El Masri, Senior Executive Officer of Ento Capital, stated: “Tourism is the cornerstone of the Moroccan economy, substantially contributing to the nation's GDP while generating extensive employment opportunities. We are delighted to be the financial advisors spearheading the development and management of The Ritz-Carlton Residences and Resort in Marrakech. This exquisite project presents a remarkable opportunity for discerning investors seeking substantial financial gains, while offering them a unique opportunity to