UAE President receives Hungarian Prime Minister
President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed His Excellency Viktor Orbán, Prime Minister of Hungary, who is on an official visit to the UAE.
During their meeting at Qasr Al Shati in Abu Dhabi, His Highness and the Hungarian Prime Minister discussed the growth of bilateral relations and ways to enhance cooperation, particularly in the economic, trade, investment, and development sectors, as well as technology, infrastructure and renewable energy. Their discussions focused on fostering sustainable development in both countries and meeting the aspirations of their peoples for continued progress and prosperity.
His Highness reaffirmed the UAE's commitment to strengthening bilateral ties, especially in the fields of economy, trade, investment, and renewable energy, among others that contribute to the development of both nations. He highlighted the important role played by the UAE-Hungary Joint Economic Committee and the Political Consultations Committee in enhancing these relations and reiterated the UAE's commitment to working together to expand cooperation across various sectors.
The Hungarian Prime Minister thanked His Highness for the warm welcome and reaffirmed Hungary's strong commitment to strengthening ties with the UAE, highlighting the shared goal of fostering economic growth and prosperity in both countries.
His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Viktor Orbán also witnessed the announcement of memoranda of understanding and agreements in various fields, including education, investment, and renewable energy development, aimed at broadening the scope of cooperation.
The MoUs were exchanged by His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, and His Excellency Péter Szijjártó, Hungary's Minister of Foreign Affairs and Trade.
The meeting was attended by The meeting was attended by H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Mohamed bin Hamad bin Tahnoon Al Nahyan, Advisor to the UAE President; Ali bin Hammad Al Shamsi, Secretary-General of the Supreme Council for National Security; Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation; Sarah bint Yousif Al Amiri, Minister of Education; Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade; Noura bint Mohammed Al Kaabi, Minister of State; Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office; Faisal Al Bannai, Advisor to the UAE President for Strategic Research and Advanced Technology Affairs; Mohamed Al Abbar, Chairman of Eagle Hills; and Saud Hamad Al Shamsi, UAE Ambassador to Hungary.
The meeting was also attended by the delegation accompanying the Hungarian Prime Minister which included several ministers and senior officials.
Follow Emirates 24|7 on Google News.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Gulf Business
2 hours ago
- Gulf Business
Insights: Gulf ports face new security challenges as trade ambitions accelerate
Image: Supplied Ports have evolved beyond their role as trade gateways. Today, they stand as critical pillars of national resilience and economic continuity. In the modern-world, where over 80 per cent of global trade moves by sea and the Gulf plays a central role in global energy and logistics, port security should not be viewed as a cost or a compliance exercise. It must be treated as a vital economic enabler. Without strong and modern security, the Gulf's ambitions to lead in manufacturing, trade, and supply chain integration will remain a challenge. At the recent 'Make it in the Emirates' forum, the UAE laid out a bold industrial vision. Officials highlighted that local manufacturers can now access a global market of 2.5 billion people. Free zones, re-export hubs, and logistics corridors powered by ports including The threat landscape is escalating Port security has moved far beyond fences and surveillance cameras. Today, it involves tackling everything from phishing attempts and cyber intrusions to insider threats and the growing risk posed by smuggling, irregular migration, modern-day slavery and autonomous drones. According to the Center for Internet Security, malware-based attacks rose by 30 per cent in the first half of 2024, with a staggering 92 per cent increase recorded in May alone. These figures are not abstract. They represent very real risks that port operators face daily while trying to maintain efficient operations. Rising geopolitical tensions, from unrest in the Red Sea to broader regional flashpoints, are putting new pressure on Gulf ports. Ensuring their resilience is no longer just about protecting trade. It is now central to national security and regional stability. Compliance is the starting line, not the finish Most Gulf ports meet the basic international security standards under the ISPS Code. But that is not enough. Compliance provides a framework, not a solution. Too often, operators treat it as a checklist rather than a foundation. True resilience requires a different mindset. Port security should not be seen as an obstacle to trade but as a core pillar of competitiveness.. Jebel Ali Port is a leading example. Its global reputation was not earned by simply meeting minimum standards. Its success is the result of ongoing risk assessments, continuous training, and a proactive approach to every aspect of security – particularly in its adoption of technology and its integration into its production primacy approach. This is a model that other ports in the region can learn from and adapt. Integration is the future of security Modern ports function as complex ecosystems. They bring together free zones, logistics providers, customs authorities, and digital infrastructure into a single operational environment. Within this space, security must be fully integrated. Physical access control, cybersecurity protocols, intelligent surveillance, and emergency response planning all need to work together as one. Technology plays a critical role. From biometric access systems to artificial intelligence for threat detection, there are advanced tools that can help enhance security. However, these tools are only effective when guided by skilled professionals with the right training. As Bill Gates once noted, automation applied to an inefficient operation only magnifies the inefficiency. Without strong processes and capable people, even the best technology will fall short. The Gulf's advantage must be used wisely The Gulf has already demonstrated that it can deliver world-class infrastructure. The next frontier is building secure infrastructure that can adapt and evolve with emerging risks. This will require moving beyond paper-based plans and embracing real-world testing. Scenario-based exercises and crisis simulations should become standard practice. Security cannot be a one-time investment. It must be embedded into the daily culture of port operations. Governments and private sector operators must also collaborate more closely. Intelligence sharing, regional coordination, and the development of Gulf-specific security standards can raise the overall r At the heart of this transformation is human capital. The region must invest in developing a new generation of trained and trusted security professionals who understand both physical and digital threats. Security is an investment in growth A single breach at a Gulf port would do more than delay containers. It could disrupt entire supply chains, shake investor confidence, and damage the region's reputation as a dependable trade partner. In a global economy driven by trust, security is no longer optional. It is a non-negotiable investment in sustainable growth. One of the Gulf's strengths lies in its ability to build with foresight. Unlike older ports that are burdened with legacy systems, Gulf ports can design modern security architecture from day one. The UAE, Saudi Arabia, and Oman have already begun this journey by introducing smart surveillance systems, AI-driven monitoring, and integrated command centers. These are promising steps, but more must be done. A final question for the region Port security should not be treated as a side function or a technical afterthought. It is central to growth, to national strength, and to the region's future as a global trade and industrial hub. The Gulf can lead not just in port development but in redefining what secure, resilient trade infrastructure looks like for the rest of the world. As the region accelerates toward a more industrial and interconnected future, one question must be asked. Are we just expanding our ports, or are we securing our prosperity? The answer will determine how far and how smart, secure, and geen the Gulf travels on the path to economic leadership. The writer is the CEO at Neptune P2P Group.
Gulf Today
6 hours ago
- Gulf Today
Sheikh Sultan performs Eid Al Adha prayer at Sharjah Mosque
His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, performed the Eid Al Adha prayer, on Friday, at Sharjah Mosque. Performing the prayer alongside Dr Sheikh Sultan were Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and a number of Sheikhs and senior officials. The Eid Al Adha sermon was delivered by Sheikh Dr Salem Al Doubi, who reflected on the profound impact and value of sincerity-both spiritually and nationally. He also highlighted the importance of sincerity to one's nation-demonstrated through swift service, upholding its reputation, abiding by its laws, and cherishing its customs and traditions. Sheikh Salem Al Doubi prayed that God Almighty continue to bestow joyful occasions upon the United Arab Emirates, granting it ongoing peace and security. He also prayed for the wise leadership, the people of the UAE, and all residents, asking God to bless them with good health and well-being. WAM
The National
8 hours ago
- The National
Money & Me: ‘Seeing our business break even has been a milestone'
Sisters Chandini and Chanchal Guria came together to work on their passion for health and bootstrapped their business, Ekaya Wellness Studio, in Dubai last year. The yoga and Pilates instructors previously had separate careers, with Chandini, 34, employed as a journalist, while Chanchal, 30, was working in property management. The Indian siblings arrived in the UAE from Hong Kong in 1998, after their father moved to the country for work. Chanchal completed her bachelor's degree in finance accounting and management at the University of Nottingham, in the UK. Chandini went to the London College of Fashion, where she obtained her bachelor's degree in fashion design and development. But writing was her passion, so she joined Dubai Week as a journalist and also worked with insydo Dubai. After spending five to six years in the industry, she felt burnt out and decided to become an entrepreneur. The sisters started selling yoga mats and launched Meow Yoga, an e-commerce brand, as a side business. They currently live with their parents and brother in The Meadows, Dubai. Did wealth feature in your childhood? What did you learn from it? Chanchal: Wealth was a bit up and down. The reason we shifted from Hong Kong to Dubai was because my dad went out of business there, and he got a job here. Dubai wasn't so expensive back then, so we were on a saving curve. From a young age, our mother would tell us not to buy stuff – that put it in our heads that money is quite important and we're short on it. During the global financial crisis, our money was stuck in property. We saw some bad times. We had to move out of our house into a small apartment. And then, we rebounded. It taught us to know our limits, save when possible, but also enjoy it when you have the money. Don't spend on things you don't need. But there's nothing wrong indulging yourself once in a while. Chandini: Although we went through ups and downs, our father always tried to make sure all our needs were met, and it taught me the importance of hard work and a support system. What did your first job pay? Chandini: As a junior writer with Dubai Week, I earned Dh6,000 ($1,633) a month in 2015. Chanchal: In 2016, I interviewed with Nakheel and was hired as a property management co-ordinator on a starting salary of Dh9,500, and I worked there for nearly five years. Any early financial jolts? Chandini: When I quit my job, I didn't realise that living on your own savings and starting a business is expensive, so I ran out of money really quickly. How do you grow your wealth? Chandini: I'm still at a point where I need to save money before I focus on growing my wealth. My future plan is long-term investments, such as in properties and companies that I believe in. Chanchal: I don't have a lot of investments either. I have savings accounts. Investing in our wellness business was the first step in growing our wealth. We hope to see our income grow after a year and a half and then open up the next centre. Are you a spender or a saver? Chandini: Even though I'm a spender, I have no regrets because most of the things I pay for are about my well-being, such as massages, workouts and wellness activities. Chanchal: I'm the complete opposite. I love to save money, but I do feel like spending on yourself and for the right thing – it is important to splurge a little sometimes to have a good time. You have to enjoy what you earn. It's OK to go out and have nice dinners once in a while, but not to do it every single day. Have you been wise with money? Chandini: I'm pretty wise with money. It sounds a bit contradictory to my statement that I'm a huge spender, but I do it for the right reasons, and I have no regrets about what I spend on. So even though my savings aren't huge, I think I am wise with money. Chanchal: I like to always keep track of what I'm spending on in an Excel sheet, as I studied accounting and I'm obsessed with numbers. What has been your best investment? Chandini: It's nice having a business where you are supporting staff and the community. But my best investment is my Kindle. I can't even describe how much joy it brings. Chanchal: Definitely, our business Ekaya, considering the time and effort we put into it. It pays back in different ways. And we've already hit break even. Any cherished purchases? Chanchal: I just bought myself a new car, so I'm obsessed with that. It's the Range Rover Velar. Any financial advice for your younger self? Chandini: I grew up as a shy, quiet kid who never really stood up for herself. I would tell my younger self to not be scared to ask for what you deserve, whether it's a raise or a promotion. What luxuries are important to you? Chandini: The most important luxury to me is spending quality time with my family and friends. Chanchal: One of the biggest luxuries is finding time for yourself. I have started to find time to do things that make me happy, such as getting a massage once a week and scheduling time to play badminton. What are your financial goals? Chandini: My goal has always been to become financially independent. I want to be able to support and care for my family alone. Chanchal: My financial goal is to be independent. I would also like to see our business grow as much as possible. In one and a half years, I hope we're able to open a second location. Any key financial milestones?
