The Budapest project, expected to span one million square metres, will feature residential and commercial towers
First revealed in 2023 by Hungarian Minister Janos Lazar, the project was said to cost approximately EUR1bn, to enhance and upscale an abandoned neighbourhood in the capital
West Texas Intermediate futures fell below $103 a barrel in early Asian trading
Wizz Air has launched flights from Abu Dhabi to Budapest, Bucharest, Cluj-Napoca, Vienna, Katowice, Catania and Bari
The agreement covers cooperation in areas such as trade, investment, SMEs, energy, tourism, technology, space and education among other areas