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September 17, 2025
Gulf News UAE

Hungary and the UAE Will Improve their Bilateral Investment and Economic Relations

  • September 10, 2025
  • 2 min read
Hungary and the UAE Will Improve their Bilateral Investment and Economic Relations

In order to improve trade, investment, and private sector cooperation between the two countries, UAE Foreign Trade Minister Dr. Thani Bin Ahmed Al Zeyoudi traveled to Hungary for an official visit and had fruitful talks with important Hungarian government and private sector representatives.

Al Zeyoudi met at senior levels with Budapest Mayor Gergely Karácsony and Hungary’s Minister of Foreign Affairs and Foreign Trade Péter Szijjártó. Together, they looked at ways to strengthen private sector alliances and trade ties, which will propel economic growth in both nations.

Al Zeyoudi said, “It is a pleasure to visit Hungary once again,” highlighting the expanding commercial links between the UAE and Hungary. We have a same goal for innovation and sustainable development, which opens up new possibilities for cooperation to improve our economic connections. With non-oil international trade hitting US$793.7 million in 2024 and surpassing US$434.2 million in the first half of 2025, a noteworthy 29.4% rise year-over-year—our cooperation has already seen tremendous progress in recent years. We are in a good position to capitalize on this momentum going forward.

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