Eagle Hills

A UAE investor and the owner of the strategic partner in Belgrade Waterfront, holding 68% of the company that was given state land on a 99-year lease free of charge. Under the contract, it was also supposed to grant Serbia loans of €90 million for relocating the railway and €40 million for expropriation. Company chairman Mohamed Alabar claims it “pays the state €200,000 a day”, while RFE/RL found €32.6 million in dividends over 11 years in its financial statements.

Affairs

  • Davor Macura's Alta Bank and state business
  • Belgrade Waterfront – a special law and the contract with Eagle Hills: Under the published contract, the UAE partner gets 68% of the joint company, to which the state leases land for 99 years free of charge

People

  • Mohamed Alabar: chairman of the board of Eagle Hills