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Montenegro signs controversial $30 billion deal with UAE for Velika Plaža development amid political and transparency concerns

Montenegro has signed a controversial agreement with the United Arab Emirates (UAE) for a $30 billion investment, with plans to develop a mega-tourism complex...

Ulcinj Municipality rejects controversial agreement on Velika Plaža sale

After the Municipal Assembly of Ulcinj (SO Ulcinj) unanimously adopted resolutions expressing opposition to the controversial agreement between the Government of Montenegro and the...

Montenegro’s mega investment project in Ulcinj faces local opposition

Economic analyst Predrag Zečević called Prime Minister Milojko Spajić's efforts to bring investor Mohamed Alabar's project to Ulcinj the most significant developmental move in...

Prime Minister announces new approach to Ulcinj’s Velika Plaža development

Mohamed Alabar, founder of Emaar Properties and president of Eagle Hills, has decided to forgo nine beaches at Ulcinj’s Velika Plaža and allow local...
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Eagle Hills Montenegro wins major beach concessions on Velika Plaža, expands regional investment portfolio

Eagle Hills Montenegro, a company backed by Arab capital, has made the highest financial offers for over ten beach concessions on Velika Plaža, following...
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