Arabs arriving on November 7 ( 2008-11-01)
| Representatives of Arabian investment giant Royal Group will visit Montenegro on November 7, when an agreement on their investment in the banking sector and tourist capacities of Ulcinj should be reached. Heads of this company, which is currently one of the leading world investors, will be received by the state top of Montenegro. Royal Group had already shown interest in the capital increase and purchase of shares of Prva banka, and Arabs plan an investment in the valorisation of Velika plaza and Ada Bojana, which is worth EUR 10bn. Even though the investments of Arabian investors have been mentioned for two years, they officially made no investments in Montenegro. (Republika) |
