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Egyptian President Visits Budapest: Railway Deal Struck, New Economic Partnerships on the Table

Hungary and Egypt resolve a stalled railway deal and explore new cooperation in energy, transport and water management: Continue reading: https://dailynewshungary.com/hungary-egypt-deal-train-deliveries-44/

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Péter Magyar and András Baka also welcomed Abdel-Fattah el-Sisi in Budapest.

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An agreement has been reached between Hungary and Egypt on the resumption of previously suspended rail vehicle deliveries and the settlement of related financial and guarantee issues, Minister of Transport and Investment Dávid Vitézy announced in his Facebook post.

·Budapest, Hungary
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Egyptian President Abdel Fattah al-Sisi met with Hungarian Prime Minister Peter Magyar in Budapest during an official visit. The meeting focused on developing economic and trade relations between the two countries, and an agreement was reached on the production and delivery of 44 passenger train carriages planned for Egypt. The meeting also addressed the issue of making the ceasefire in Gaza permanent and the reconstruction process. Hungarian Pr…

Egyptian President Sisi announced in Budapest that he had met with Hungarian Prime Minister Magyar and reached an agreement on the production and delivery of 44 passenger carriages. Sisi also stated that they were working to make the ceasefire in Gaza permanent and to facilitate its reconstruction.

The stalled gigaproject is being restarted: Hungary delivers hundreds of railway wagons to Egypt - Péter Magyar held talks with the Egyptian president in Budapest.

·Budapest, Hungary
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Világgazdaság broke the news on Friday, October 30, 2026.
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