UAE, Hungary Strengthening Economic CooperationSource: www.export-egypt.com 3/24/2019, Location: Middle East |
|
|
|
|
|
The UAE and Hungary agreed to strengthen their cooperation in the fields of science, technology and innovation.
This came as senior representatives of both countries discussed creating new partnerships in various sectors that will serve their development in areas of trade, industry, investment, renewable energy, insurance, tourism, science, technology, telecommunications, aviation, education, culture and Halal accreditation. The discussion took place during the 2nd Joint Economic Committee between the UAE and Hungary, which was held in the Hungarian capital, Budapest. The UAE delegation was headed by Sultan bin Saeed Al Mansouri, Minister of Economy, while the Hungarian side was headed by Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary. The committee’s meeting also saw the participation of senior officials and business leaders, and included the signing a Memorandum of Understanding between the Ministry of Economy and the Ministry of Innovation and Technology of Hungary related to their cooperation in science, technology and innovation. Al Mansouri said that the topics on the committee’s agenda will help establish a new era of economic and trade cooperation between the two countries. He added that the non-oil trade exchange reached some US$430 million in 2018, according to preliminary estimates, while Hungarian FDI inflows into the UAE reached $19.4 million, with Emirati FDI inflows to Hungary valued at $597 million. |
|
|
Financials and Investment News in United Arab Emirates >> |
 |
|||||
|
Egypt >> 11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
|
Egypt >> 11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...
|
|
Egypt >> 11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...
|
|
Egypt >> 11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
|
Egypt >> 11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.
The Cabinet is set to add... |
| United Arab Emirates Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | |
