Market Trend & Insights

World Bank Group in Albania

Country ContextAlbania2024Population, million2.4GDP, current $ billion27.3GDP per capita, current $11,389.7Life Expectancy at birth, years76.8Albania is implementing important structural reforms that will support equitable growth, raise productivity and competitiveness in the economy, create more jobs, and improve governance and public service delivery. Enhanced regional connectivity and access to regional...

D-Marin enters Albanian market with new marina

D-Marin has added Vlora Marina in Albania to its portfolio as the international marina operator enters the Albanian market for the first time.Vlora Marina joins D-Marin’s existing portfolio of 23 marinas across the Mediterranean and Gulf regions and marks the operator’s ninth market to date. The partnership will enable customers travelling from nearby D-Marin marinas in Croatia and Corfu to access the...

“Durres will become like Monaco”, Alabbar: We’re investing 2.5 billion dollars

“The world needs a second Monaco and I will build it in Durres”.This is the promise of Muhamed Alabbar for the project he will build in the port of the coastal city.In an interview given to the magazine “ArabianBussines”, the builder of the tallest tower in the world and dozens of other projects, says that when “Durrës Yacht Marina” is finished, people will see the largest yacht port in the...

Macron Urges Regional Investment As Albania Nears EU Goal

French President Emmanuel Macron on Saturday invited foreign investors to come to "stable" Europe, including to Albania, which he sees obtaining EU entry in 2027.Europe "is a stable and reliable place," he told economic forum "Priority Europe", organised by the Future Investment Initiative (FII) institute of advertising executive Richard Attias."And in this crazy world, don't underestimate the strengths of...

How this surprising country became Europe’s best-value luxury stay

Albania is more than a low-cost beach break — it’s reinventing itself as a high-end destination (with lower prices than Greece). These are its trendiest spotsIt’s easy to miss Kep Merli, hidden in the green hills above Albania’s Ionian coast. Once you’ve found it, at the end of a dusty clifftop road, the elusiveness continues in the form of a sign that reads, “Entry by reservation only!” Even...

Albania Greenlights Jared Kushner Plan to Develop Island as Luxury Resort

The government has granted Strategic Investor Status to a proposal by Jared Kushner, son-in-law of Donald Trump, to build a luxury resort on the uninhabited island of Sazan.Albania’s government has approved a request by Jared Kushner to develop the uninhabited island of Sazan, granting the initiative strategic investor status.The project aims to transform this once isolated military outpost of Fascist...