#Hungary

mohamed alabbar-eagle hills group

Mohamed Alabbar confirms participation in Budapest project

The Budapest project, expected to span one million square metres, will feature residential and commercial towers

BUDAPEST - DUBAI

‘Mini-Dubai’ being built in Budapest amid EUR5bn UAE-Hungary deal

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

Oil extends decline as Europe softens some Russian sanctions

West Texas Intermediate futures fell below $103 a barrel in early Asian trading

Wizz Air Abu Dhabi launches services to new European destinations

Wizz Air has launched flights from Abu Dhabi to Budapest, Bucharest, Cluj-Napoca, Vienna, Katowice, Catania and Bari

UAE and Hungary launch economic cooperation programme

The agreement covers cooperation in areas such as trade, investment, SMEs, energy, tourism, technology, space and education among other areas