Riyadh - Sharikat Mubasher: A consortium of 25 Hungarian companies announced its plans to explore potential investment opportunities in Saudi Arabia’s technology and digital transformation sectors.

This announcement was made during the Saudi-Hungarian Business Forum, organized by the Federation of Saudi Chambers in Riyadh.

In a statement, the federation unveiled that the event was attended by several high-profile officials, including Marwan Al-Mutlaq, Chairman of the Saudi-Hungarian Business Council, Ibrahim Al-Qannas, Chairman of Shura Council Saudi-Hungarian Parliamentary Friendship Committee, István Jakab, Deputy Speaker of the Hungarian Parliament, and various Saudi investors.

The Hungarian companies target investing in the Kingdom and forming partnerships with local investors in the technology, finance, and food industries.