Khalaf al Habtoor, one of the most affluent and influential people in Dubai, gave a presentation in Budapest. The head of the Habtoor business empire first visited Hungary in 2012 and fell so much in love with the country that now he owns two hotels and two office buildings in Budapest. During his most recent visit, at a conference on hotels and tourism, Khalaf Al Habtoor talked about the secret of his success, the newly elected US president and why, in his opinion, Hungary is one of the best places in the world for investment.

A seer or a businessman?
According to the Forbes list, Khalaf Al Habtoor is one of the world’s 200 richest people; with assets amounting to more than USD 30 billion. He has acquired hotels in various places around the world, but his latest, monumental, hotel, Habtoor City, was recently constructed in Dubai. What makes this 20,000-bed hotel unique is that the sea has been channelled into the desert as far as the hotel, to offer guests a beach experience. Clearly, Khalaf al Habtoor understands tourism very well.


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The GLOBS is the only magazine in Hungary that focuses on foreign affairs and trade. The topics cover the different aspects of social life, business and culture (especially business culture), research and development, investment opportunities, charity initiatives, and the everyday life of the diplomatic delegations.
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