Page 212 - MOE ENGLISH PR REPORT - JANUARY 2025

2/3/25, 3:15 PM UAE and Hungary commit to deepening trade and investment ties during Abu Dhabi roundtable chaired by Prime Minister Orban - Mi…

The roundtable was part of Prime Minister Orbán’s official visit to the UAE, which was designed

to build on the Economic Cooperation Agreement signed between the two countries in 2024
and the marked increase in trade in the last five years. Between 2019 and 2024, the value of

bilateral non-oil trade nearly doubled, growing from US$409 million to US$799.2 million.

From the UAE side, the roundtable was attended by HE Mohammed Hassan Al Suwaidi, Minister
of Investment; HE Ahmed bin Ali Al Sayegh, Minister of State; HE Dr. Thani bin Ahmed Al

Zeyoudi, Minister of State for Foreign Trade; HE Saud Al Shamsi, UAE Ambassador to Hungary;
HE Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs at the UAE
Ministry of Foreign Affairs; HE Rashed Abdul-Karim Al Blooshi, Undersecretary, Abu Dhabi

Department of Economic Development (ADDED); and HE Osama Amir Fadhel, Assistant
Undersecretary for Industrial Accelerators, UAE Ministry of Industry and Advanced Technology.

Also in attendance were leading figures from the UAE business community, including, HE
Mohammed Al Abbar, Founder and Chairman, Emaar Properties; Hatem Dowidar, Group CEO,

e&; HE Mohamed Jameel Al Ramahi, CEO, Masdar; HE Walid Al Mokarrab Al Muhairi, Deputy

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