The Dubai Chamber of Commerce has announced the formation of the Hungarian Business Council, aiming to enhance economic ties between Dubai and Hungary. This initiative is part of the efforts by the Dubai Chamber, which operates under the broader umbrella of Dubai Chambers, to foster international partnerships and facilitate trade.

In a statement, the Dubai Chamber emphasized its commitment to strengthening bilateral relations and creating new opportunities for businesses in both regions. The establishment of the Hungarian Business Council is expected to provide a platform for networking and collaboration, allowing companies from Hungary to connect with their counterparts in Dubai.

The move comes as part of Dubai’s broader strategy to attract foreign investments and diversify its economy. By initiating such councils, the Dubai Chamber aims to promote trade and investment flows, ultimately contributing to economic growth and development in both locations.