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المصري اليوم
Orascom Investments in Montenegro Surpass 1.3 Billion Euros
The article highlights the development of economic relations between Egypt and Montenegro, with a focus on the investments of Orascom Development Company, which have exceeded 1.3 billion euros in a tourism and real estate project in Luštica Bay. This reflects the confidence of the Egyptian investor in the Montenegrin economy. The meeting discussed strengthening cooperation in areas such as tourism, maritime services, and renewable energy, with mentions of pending agreements, including an economic cooperation agreement and the establishment of Montenegro's embassy in Cairo, to support the development of partnership and joint investments between the two countries. The officials also noted that the historical relations and mutual trust form a strong foundation for enhancing economic cooperation, with expectations of increased Egyptian investments and expanded tourism collaboration, contributing to the reinforcement of economic and developmental exchanges between Egypt and Montenegro.
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