Latest news with #ViktorOrbán
Budapest Times
9 hours ago
- Business
- Budapest Times
Prime minister meets UAE President during his first official visit to Hungary
During the visit, Hungary signed 14 agreements with the UAE that will create new opportunities in the two countries' relations. Prime Minister Viktor Orbán met President of the United Arab Emirates Mohamed bin Zayed Al Nahyan during his first official visit to Hungary in Budapest on Thursday. During the visit, Hungary signed 14 agreements with the UAE that will create new opportunities in the two countries' relations, primarily in the areas of energy, agriculture and food industry, defence industry, telecommunications and new technologies, the statement said. The Ministry for National Economy signed three agreements with the UAE, including one on finding new investment opportunities with the global investment company Mubadala, and one on identifying opportunities for cooperation with the UAE Ministry of Investment involving data centres and artificial intelligence projects. Energy links are expected to intensify as a result of Hungary's Energy Ministry signing an agreement with the UAE's Ministry of Investment and the Masdar company on cooperation in the area of green and renewable energy, and storage capacities for renewable energy. An agreement between the Hungarian Ministry of Agriculture and the UAE's Ministry of Investment is expected to give new impetus to cooperation in the food industry and agriculture, helping Hungarian technologies reach a market in the UAE. The Ministry of Public Administration and Regional Development signed an agreement with the UAE's Ministry of Cabinet Affairs on sharing government development and modernisation experiences, and the Ministry of Culture and Innovation signed a memorandum of understanding with the UAE Ministry of Family on deepening cooperation in family and youth policies. In addition to government agreements, cooperation between companies in the two countries will also be expanded. On the sidelines of the visit, the Budapest Stock Exchange and the Abu Dhabi Stock Exchange signed a cooperation agreement.
Budapest Times
9 hours ago
- Business
- Budapest Times
Orbán: At least 20% of Hungarians' money would be given to Ukraine in EU budget
Commenting on the EU's post-2027 budget draft, Prime Minister Viktor Orbán said that at least 20 percent of Europeans' money and therefore 20 percent of Hungarians' money would be given to Ukraine. PM Orbán said in an interview with public radio that several independent expert groups have identified and added up 'hidden items in the budget categorised under the European Commission's individual decisions', and found that 20 percent, or possibly even 25 percent of the budget could be transferred to Ukraine. 'I can confidently say, not based on my own knowledge, but based on the knowledge of experts, that at least 20 percent of this budget is targeted at Ukraine,' PM Orbán said.
Gulf Today
3 days ago
- Business
- Gulf Today
UAE President Sheikh Mohamed receives red carpet reception in Hungary
UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan arrived on Friday at the Hungarian Parliament Building in Budapest as part of his official visit to Hungary. His Highness was welcomed upon arrival by Hungarian President Tamás Sulyok. An official reception ceremony was held for His Highness in Kossuth Lajos Square, in front of the Parliament Building, where the UAE President's motorcade was escorted by a procession of riders on horseback. Following performances of the national anthems of the UAE and Hungary, His Highness inspected the guard of honour and was greeted by senior Hungarian ministers and officials. The Hungarian President then greeted members of the delegation accompanying His Highness. Earlier, Sheikh Mohamed and Viktor Orbán, Prime Minister of Hungary, witnessed the exchange of several agreements and memoranda of understanding (MoUs) between the two countries, aimed at expanding avenues of cooperation across a range of development sectors. The exchange took place as part of His Highness' official visit to Hungary. Sheikh Mohamed with Viktor Orbán in Budapest. WAM The agreements and MoUs announced and exchanged by both sides cover various fields, including cooperation in data centres and artificial intelligence projects, green and renewable energy, food and agriculture, family and youth policy, government development and modernisation, energy storage systems, and defence cooperation, among others. The exchange ceremony was held at the Prime Minister's Office in the Hungarian capital, Budapest. Representing the UAE were Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Dr Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade; Sana Bint Mohammed Suhail, Minister of Family; Maryam Bint Ahmed Al Hammadi, Minister of State and Secretary General of the UAE Cabinet; Faisal Al Bannai, Chairman of the Board of Directors, EDGE Group; Khaldoon Khalifa Al Mubarak, Managing Director and Group Chief Executive Officer, Mubadala Investment Company; and Mohamed Ali Alabbar, Chairman, Eagle Hills Properties. The agreements were exchanged on the Hungarian side by the relevant ministers and officials. His Highness was accompanied by a delegation that included Sheikh Hamdan Bin Mohamed Bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Zayed Bin Mohamed Bin Zayed Al Nahyan; Ali Bin Hammad Al Shamsi, Secretary-General of the Supreme Council for National Security; Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Dr Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade; Sana Bint Mohammed Suhail, Minister of Family; Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State; Maryam Bint Ahmed Al Hammadi, Minister of State and Secretary General of the UAE Cabinet; Dr Ahmed Mubarak Ali Al Mazrouei, Chairman of the President's Office for Strategic Affairs and Chairman of the Abu Dhabi Executive Office; Lana Zaki Nusseibeh, Assistant of Minister of Foreign Affairs for Political Affairs; Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority; Saud Al Shamsi, UAE Ambassador to Hungary, and a number of senior officials. WAM
Budapest Times
3 days ago
- Politics
- Budapest Times
Orbán: Brussels must immediately withdraw its ‘pro-Ukrainian' draft budget
Prime Minister Viktor Orbán said on Facebook on Wednesday that Brussels must immediately withdraw its 'pro-Ukrainian' draft budget. In a video, PM Orbán said the cabinet had heard briefings from Agriculture Minister István Nagy and EU Affairs Minister János Bóka at its meeting earlier today. 'We discussed Brussels's proposal,' the prime minister said. 'This is a seven-year draft budget, and the picture that's unfolding is graver than we imagined.' He noted that Hungarian farmers staged a demonstration against Brussels's plans in front of the European Council's representation in Budapest on Wednesday. 'Brussels's proposal can be summed up as a pro-Ukrainian budget whose aim is crystal clear: they want to take Europeans' money [and give it] to Ukraine,' PM Orbán said. He said the plan was 'weak even as a basis for negotiations', adding that Hungary recommended that the EC withdraw the draft budget and prepare a new one 'which serves the interests of the European people and European farmers rather than those of [Ukrainian President Volodymyr] Zelensky and Ukraine'. 'Brussels must be stopped,' PM Orbán declared.
Budapest Times
3 days ago
- Business
- Budapest Times
PM: Winner of the European Commission's latest plan is Ukraine
Prime Minister Viktor Orbán said in a video posted on his Facebook page on Wednesday that the winner of the European Commission's latest plan is Ukraine, since it earmarks a lot of money for the country. PM Orbán said there is chaos in Brussels because the European Commission's new draft budget proposal, which had 'surprised everyone', had been leaked, and 'the situation is dramatic'. The winner of the EC's latest plan is Ukraine, and its biggest losers are European citizens, he added. 'It could hit farmers especially hard because … Hungarian farmers, along with their European counterparts, could receive far less subsidies in future,' the prime minister said. The government is therefore addressing this as the first item on its agenda at Wednesday's cabinet meeting, PM Orbán said.
