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UAE's Mohamed Alabbar Reportedly Proposes Dubai-Style Skyscraper in Budapest

The UAE Government commits to a EUR 5 billion investment, including a planned railway station at the area besides the new skyscreeper. ....

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Square in Front of Budapest Synagogue Temporarily Renamed October 7 Square

Theodor Herzl Square in front of the Dohány Street Synagogue has been renamed October 7 Square for two weeks in memory of the victims of the attack by Hamas ter ....

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AmCham: Busy Days Behind, More to Come

The American Chamber of Commerce in Hungary held its 35th general assembly and board elections on Dec. 4. The organization said it was closing an eventful and financially sound year, with 2024 promising to be similarly successful, with the highlight of the 35th anniversary, due in June. ....

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E-commerce and Spending Power Concerns Continue to Constrain Retail Development

Retail and shopping center development remains constrained by the increasing use of e-commerce and concerns over spending power. There are no major mall projects in the pipeline, with owners essentially concerned with redeveloping and upgrading their retail, leisure and service offer to enhance the retail experience and meet ever more sophisticated consumer demands. ....

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Hungary: Can a few sparks light a fire?

Áron Rossman-Kiss In Hungary, a fledging New Left is rebuilding amidst the ruins of Orbánism ....

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