Central Europe urges action against German gas tariff
Four central European nations are urging Brussels to address a gas tariff imposed by Germany, claiming it…
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Hungary
China’s BYD eyes 2nd Euro. EV plant by ’25
Chinese EV leader BYD is planning to expand further in Europe, with intentions to establish a second assembly plant…
Euro area’s retail trade up by 0.8% in March ’24
Eurozone retail trade volume saw a significant increase in March 2024 according to Tuesday data by Eurostat,…
EU to sue Germany for breaking EU single market rules
The European Commission is anticipated to initiate legal action against Germany for imposing an additional charge…
UAE inks $5b deal for Budapest project
Hungary and the United Arab Emirates (UAE) signed a €5 billion deal to revitalise a run-down Budapest neighbourhood…
Veolia to buy Uniper’s gas-fired plant in Hungary
French utility company Veolia confirmed on Monday that it has entered into an agreement to purchase a 430-megawatt…
EU mulls curbs on grain imports from Ukraine
The European Commission is looking into measures to enable eastern EU member states to limit agricultural imports…
Ed Sheeran to perform in Bahrain, Dubai next year
English singer Ed Sheeran announced on his official website that he will be performing in Bahrain and Dubai early…
Egypt plans to localise railway industry with Hungary’s Ganz-MAVAG
The Egyptian Minister of Transport, Kamel El-Wazir is seeking plans to localise the railway industry in cooperation…
Hungary to import LNG from Egypt by 2026
Hungary found a solution for its energy issue as it will be able to import liquefied natural gas (LNG) from Egypt…