UAE – Mubasher: Al Habtoor Group, the UAE’s leading business conglomerate, will open a new regional office in the Hungarian capital, Budapest, to serve its European operations, search for new investments, and expand its businesses in new European markets.
The company has an existing portfolio in Europe, including luxury hotels in London, Budapest, and Vienna, according to a recent press release.
With a new regional office in Europe, the company seeks to invest in other sectors besides its existing ones in hospitality, real estate, education, and vehicle leasing.
The Al Habtoor’s founding chairman, Khalaf Ahmad Al Habtoor, commented: “The less-explored markets in Europe are now gaining momentum, offering a competitive edge, an attractive investment climate and higher yield possibilities for foreign players.”
