A great investor, a great friend of Hungary

Published at: 10/05/2016 03:12 pm

A great investor, a great friend of Hungary

Khalaf Ahmad Al Habtoor, chairman of the UAE-based Al Habtoor Group, was presented with state honours from the Hungarian government. The Hungarian Ministry of Foreign Affairs presented Al Habtoor with the prestigious Officer’s Cross of the Order of Merit of Hungary – Civil Division in recognition of his investments in Budapest and his commitment to the country.

The award was presented to Al Habtoor by Péter Szijjártó, Minister of Foreign Affairs and Trade. The minister praised Al Habtoor for his devoted efforts to improve bilateral relations between the United Arab Emirates and Hungary.  This state award is to a great friend of Hungary, he said, in appreciation for the role he has played in helping to improve the image of the country.

Al Habtoor owns two five-star hotels in the Hungarian capital Budapest.  Al Habtoor was in the city for the official opening ceremony of The Ritz-Carlton, Budapest, which he purchased in 2012 under the Le Méridien brand. The historic hotel was recently renovated as part of The Ritz-Carlton brand. The hotel consists of 170 elegant rooms and 30 suites, a luxury urban spa, indoor swimming pool, meeting rooms and a ballroom. The Al Habtoor Group also owns the InterContinental Budapest, which was added to the international portfolio in 2014.

According to the TradeArabia News Service’s report, Al Habtoor said he was delighted to be honoured with such a highly-coveted award from the Hungarian government, Budapest is one of the most beautiful cities in Europe, and I am very proud of the Al Habtoor Group’s investments in the country. Budapest is a vibrant and historic city that is full of culture. These qualities also make the capital of Hungary a very popular destination for those business circles, which show great interest in the Hungarian Residency Bond Program.

The Officer’s Cross of the Order of Merit of Hungary is given to those who have substantially contributed to the development of Hungary and the promotion of the country’s interests, who have delivered an outstanding and exemplary performance in serving Hungary, and who are endowed with universal human merits. (photo: TradeArabia News Service)


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