INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

UAE-Hungary Political Consultations Committee discusses boosting cooperation

The UAE ambassador Lana Zaki Nusseibeh and Hungary's Levente Magyar, Deputy Minister of Foreign Affairs and Trade. (WAM)
  • Officials from the two countries reviewed the expanding relations and discussed ways to boost opportunities in order to ramp up economic and trade ties
  • The UAE ambassador had a series of meetings with senior officials, intellectuals, and cultural figures intended to deepen relations between the two countries

Budapest, Hungary–Senior officials from the UAE and Hungary met in Budapest on 22nd August for the inaugural round of the Political Consultations Committee between the UAE’s Ministry of Foreign Affairs and Hungary’s Ministry of Foreign Affairs and Trade.

The UAE delegation was led by Ambassador Lana Zaki Nusseibeh, Assistant Minister of Foreign Affairs for Political Affairs and Envoy of the Foreign Minister, while the Hungarian delegation was headed by Levente Magyar, Deputy Minister of Foreign Affairs and Trade.

The two sides reviewed the growing bilateral relations, and discussed opportunities to strengthen economic and trade cooperation. Representatives of the two countries also reviewed recent regional developments and discussed enhancing ties and cooperation in various fields through the activation and follow-up of agreements and memoranda of understanding.

As part of her official visit to Hungary, Ambassador Nusseibeh held a number of meetings with senior officials, intellectuals, and cultural figures, accompanied by Saud Hamad Al Shamsi, UAE Ambassador to Hungary.

Ambassador Nusseibeh’s engagements included meetings with János Bóka, Minister for European Affairs, Balázs Orban, Political Director of the Prime Minister Office, Zoltán Kovács, Minister of State for International Communication, and László Baan, Government Commissioner for the Cultural City Project and Director of the Museum of Fine Arts. The programme also included participation in Hungary’s National Day celebrations and visits to several museums and cultural centers in the Hungarian capital, Budapest.