INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

UAE, Hungary sign MoU to establish joint business council

The council will focus on the targeted sectors between the two nations.
  • The MoU was signed by Hamid Mohammed bin Salem, FCCI Secretary-General, and Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary.
  • The parties inked the MoU at the Hungarian pavilion at Expo 2020 Dubai on the sidelines of the third meeting of the UAE-Hungarian Business Committee.

The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI) will establish a UAE-Hungarian Business Council.

The two parties signed an MoU at the Hungarian pavilion at Expo 2020 Dubai regarding the same on the sidelines of the third meeting of the UAE-Hungarian Business Committee.

The MoU was signed by Hamid Mohammed bin Salem, FCCI Secretary-General, and Péter Szijjártó, Minister for Foreign Affairs and Trade of Hungary.

FCCI Secretary-General noted that the council will carry out commercial and promotional activities in the field of trade, investment, technology and other fields.

He explained that the council will focus on the targeted sectors between the two nations in the fields of agriculture, tourism, construction, health and education.