Page 213 - 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…
Group CEO – Mubadala Investment Company; HE Hareb Mubarak Al Muhairi, CEO, Abu Dhabi
Investment Office (ADIO); Hamad Al Marar, Managing Director and CEO, EDGE; Karim Murad,

Global Head of Infrastructure, Abu Dhabi Investment Authority (ADIA); Khalifa Al Shamsi, CEO,
e& International; Martin Tricaud, Group Head of Investment Banking, First Abu Dhabi Bank;

Ahmed Al Hajri, Director of Business Development, ADNOC; and Rashid Al Sarkal, Head of
Corporate Coverage at Emirates NBD.

The Hungarian delegation, led by Prime Minister Viktor Orbán, included HE Peter Szijjarto,

Minister of Foreign Affairs and Trade; Gellért Jászai, CEO, 4iG; Zsolt Hernádi, Chairman and
CEO, MOL Plc; Zsolt Barna, CEO, MBH Bank; Ferenc Antal, CEO, N7 Holding; Zoltan Guler,
Member of the Board of Directors, Budapest Airport; and Dr. János Kuka, Chairman of the

Board of Directors, Festipay Inc.

During the meeting, Prime Minister Viktor Orbán highlighted the dynamism of the Hungarian
economy and efforts to build trade and investment partnerships with markets influencing the

global economic map, including the UAE. He pointed to the growth prospects stemming from
Hungary’s pro-growth business environment, which is fostering innovation and supporting new

economic sectors in the nation.

HE Mohammed Hassan Al Suwaidi, Minister of Investment, underlined the importance of

Hungary to the UAE’s investment strategy. “Our strong and growing bilateral relationship with
Hungary reflects our shared vision for long-term economic prosperity. The UAE remains

committed to driving meaningful, future-oriented partnerships, leveraging our business-friendly
environment and diverse and dynamic economic landscape to provide mutually beneficial

outcomes. We recognise significant potential to expand FDI and look forward to collaborating
with Hungary to unlock new frontiers of innovation and investment, shaping a prosperous

future for both the nations.”

His Excellency Ahmed bin Ali Al Sayegh said that the UAE and Hungary continue to explore

constructive collaboration under the UAE-Hungary Economic Cooperation Agreement. “Our
nations both share a commitment to support the private sector as they expand, innovate and

create opportunity right along the value chain. This includes pursuing projects and joint
ventures in each other’s countries as we look to broaden our exposure to regional and global

markets. High-level meetings such as the roundtable serve to strengthen ties of friendship and
enhance economic cooperation, and we have been able to explore collaboration in key sectors

such as industry, trade, investment, tourism, logistics, infrastructure, and real estate which will
serve us well in the long term.”

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