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Home Economy UAE and Hungary strengthen ties with key agreements in AI, renewable energy, and defense

UAE and Hungary strengthen ties with key agreements in AI, renewable energy, and defense

The exchange ceremony was held at the Prime Minister’s Office in Budapest, Hungary's capital
UAE and Hungary strengthen ties with key agreements in AI, renewable energy, and defense
Hungarian Prime Minister hosted a dinner in honor of the UAE President and accompanying delegation.(Photo Credit: WAM)

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Viktor Orbán, Prime Minister of Hungary, observed the exchange of numerous agreements and memoranda of understanding between their nations, intended to broaden avenues of collaboration across a variety of development sectors. This exchange occurred during His Highness’ official visit to Hungary.

The agreements and MoUs that were announced and exchanged by both parties encompass several fields, including cooperation in data centres and artificial intelligence projects, green and renewable energy, food and agriculture, family and youth policy, government development and modernization, energy storage systems, as well as defense cooperation, among others.

Read more: UAE President arrives in Türkiye on state visit, received by Turkish counterpart

uae hungary
(Photo Credit: WAM)

Dinner in honor of UAE President

The exchange ceremony took place at the Prime Minister’s Office in Budapest, the capital of Hungary. Representing the UAE were His Excellency Dr Sultan bin Ahmed Al Jaber, minister of Industry and Advanced Technology; His Excellency Dr Thani bin Ahmed Al Zeyoudi, minister of Foreign Trade; Her Excellency Sana bint Mohammed Suhail, minister of Family; Her Excellency Maryam bint Ahmed Al Hammadi, minister of State and Secretary General of the UAE Cabinet; His Excellency Faisal Al Bannai, chairman of the Board of Directors, EDGE Group; His Excellency Khaldoon Khalifa Al Mubarak, managing director and group chief executive Officer, Mubadala Investment Company; and His Excellency Mohamed Ali Alabbar, chairman, Eagle Hills Properties.

uae hungary
(Photo Credit: WAM)

The agreements were further exchanged on the Hungarian side by the relevant ministers and officials.

uae hungary
(Photo Credit: WAM)

On Thursday, the Hungarian Prime Minister held a dinner in honor of the UAE President and the accompanying delegation, which was attended by several Hungarian ministers and senior officials. Earlier in the day, His Highness Sheikh Mohamed bin Zayed toured the Hungarian Parliament Building, celebrated for its unique architecture and rich historical and cultural significance.

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