At the panel “In the Spotlight Security as Currency: Why Stability Attracts Investment”, held during the 2BS Forum, Mohamed Alabbar, founder and chairman of Eagle Hills, emphasized that he sees Montenegro as an attractive and promising investment destination precisely because of the stability and security it offers.
Alabbar highlighted that he comes from a country that, as he said, “started from nothing,” and that he understands the value of long-term and responsible leadership.
“I come from a small country, and such environments suit me. In large countries, you are sometimes treated like a second-class citizen, but here we are all the same – people are kind, and there are great opportunities. On top of that, I don’t need a visa here, and that makes doing business much easier. Montenegro is a good place for investment,” said Alabbar.
Speaking about the importance of security for investors, Alabbar stated that stability and security go hand in hand.
“Security is non-negotiable – it’s a prerequisite. When you walk through Tirana, Split, or Budva, that feeling of safety is essential. A few years ago, I wore a plastic watch; today, I can wear a Rolex here freely – that says a lot about the level of safety.”
He reflected on the humble beginnings of his country and his family:
“I come from a country that had no oil, no water – only heat and sand. My parents couldn’t read or write. That says a lot about the state of education back then. This experience shaped how I see development and investment.”
Alabbar stressed that true progress requires long-term, responsible leadership.
“It took us 40 years to change our situation. The world today is facing massive challenges – 50 percent of people still live in poverty. We cannot rely on the military for economic development. We need to create opportunities and ensure economic growth.”
He also proposed a different taxation system, where the wealthy would pay 2 percent more in taxes.
“If the rich paid just two percent more, we could solve the poverty problem. But it’s crucial that such funds are managed by responsible institutions.”
Explaining his investment philosophy, Alabbar stated that wherever he goes to invest, he aims to boost GDP by 5 percent and create 100,000 jobs.
“If I don’t achieve that, then it’s not really me. I don’t just want to make money and leave, I want to create a future for families, communities, and neighbors.”
When discussing Montenegro’s investment climate, Alabbar noted that politics make it difficult to work.
“You have 500,000 people who seem to be working against each other. I think you have a beautiful country that needs more business activity and economic progress. You have a stunning coastline. This place is incredible – the food is great, the beaches are amazing, and so are the mountains. Personally, I prefer mountains over beaches.
This is an amazing country, and I think you need to decide who is in charge. Sometimes I wonder – is it the parliament, the media, the NGOs? Who is making decisions? Do we want a 101% perfect decision-making process? If so, you’ll need divine intervention. Do you really think everything is clean in European or American politics? Come on,” said Alabbar.
He stated that society must move forward, with a stronger workforce, more businesses, and better alignment with global trends.
When asked about concerns that his investments could harm Montenegro’s natural beauty, Alabbar responded that his company applies strict environmental protection principles.
“We implement strict standards. We want to protect our company’s name – and that means respecting the client, the environment, and ensuring the place is preserved for future generations. Environmental protection is non-negotiable. The application of these principles is mandatory,” Alabbar concluded.