Hungarian technology company 4iG is growing fast across the world. The company recently signed several major agreements with big companies in the United Arab Emirates (UAE). These deals will help Hungary become more involved in the digital and defence sectors both in the region and worldwide.
Big Partnerships with UAE Companies
On Thursday, 4iG announced that it has made important partnerships with two major UAE companies:
- e& – the UAE’s biggest telecom company
- Mubadala Investment Company – one of the world’s largest government-owned investment firms
At the same time, 4iG’s defence and space unit, called 4iG SDT, signed three early agreements with EDGE Group, a well-known UAE defence company. Together, they plan to work on new military and space technologies.
These announcements were made during the official visit to Budapest by the President of the UAE, Sheikh Mohammed bin Zayed Al Nahyan. The UAE leader was joined by many top-level political and business leaders.
Focus on Telecom, Technology, and Investments
4iG says these partnerships will improve economic connections between Hungary and the UAE. The main areas of focus include:
- Telecommunications infrastructure
- Digital transformation
- Technology-related investments
The partnership with e& will especially look at improving internet and data connections between Europe, the Middle East, and North Africa.
Building Data Cables and a New Data Centre
One major part of this project involves laying undersea data cables that will help send information faster and more securely across continents.
As part of this work, 4iG and e& also plan to build a new data centre in Albania. This centre will help support the undersea cable network. In addition, they may also work on other digital infrastructure projects in Hungary, possibly together with PPF Telecom.
These deals will combine e&’s global telecom skills with 4iG’s strong regional presence in the Western Balkans and its experience in building internet infrastructure on land.
Investment Opportunities with Mubadala
The agreement with Mubadala Investment Company is also very important. Mubadala manages a very large amount of money – more than 330 billion US dollars.
This deal opens up new chances for:
- Capital market access
- Business acquisitions
- Technology investments
The focus will be on Hungary and other countries in the Western Balkans. Mubadala already invests in many areas like:
- Space technology
- Digital infrastructure
- Global tech innovations
4iG’s chairman, Gellért Jászai, said these partnerships are a key part of 4iG’s plan to grow both inside Hungary and around the world. He added that the company now has stronger connections in regions like:
- The Middle East
- North Africa
- Western Balkans
New Defence and Space Agreements with EDGE Group
Besides these business deals, 4iG’s defence unit, 4iG SDT, signed three more agreements with EDGE Group. These build on a partnership that started earlier in 2024.
These new deals aim to develop high-tech defence and space systems. The areas they will work on include:
- Unmanned Aerial Systems (UAS) – flying drones without pilots
- Counter-UAS systems – tools to detect or stop enemy drones
- Space technology projects
They will also work together on:
- Building infrastructure
- Sharing and selling new products
- Transferring new technologies between the two countries
Defence Production in Hungary
One of the agreements also talks about making two major defence systems in Hungary:
- SkyKnight – an air defence missile system
- SHADOW – a cruise missile system
This may also lead to setting up a joint company that would make and sell these systems.
Adapting UAE Systems for Europe
Another part of the deal includes modifying two EDGE systems so they can be used in Europe:
- VEGA – a system to control air traffic for drones
- ORION – a system to manage drone fleets
Both systems will be changed to meet European laws and standards, starting with Hungary, and later expanding across Europe.
Aiming for NATO-Approved Technology
The main goal of the partnership between 4iG SDT and EDGE Group is to create defence products that meet NATO rules. This would make them ready to be exported and sold to NATO countries in the future.