A SAUDI Arabian group is to invest $100m in building four luxury hotels in the Moroccan holiday resort of Agadir. The hotels will be built by Saudi Sheikh Salah Kamile’s Dalla al Barraka group and operated by one of its subsidiaries. An investment deal is due to be signed this week. The deal is the second major success in Morocco for Al Barraka, which last week signed a memorandum of understanding with the government to build a large tourist complex at Taghazout, also in the Agadir region, following talks between Kamile and Morocco’s King Mohammed VI.