Constanta port could become an important logistic hub in the movement and storage of goods brought from UAE for the European market, according to Mihai Daraban, the president of the Chamber of Trade and Industry of Romania (CCIR). On Monday, Daraban met met Khalid Al Marzooqi, vicepresident for development Khalifa Economic Zones Abu Dhabi (KEZAD). KEZAD is the largest integrated economic area in UAE, supplying a large range of business services, staff accommodation and industrial real estate solutions. “Romania and UAE need a strong economic relations, having in view elements of mutual interest which could lead to economic growth by both parties. Thus, Constanta port represents a good investment opportunity, since it is the largest multi-functional Black Sea port. Constanta port could become an important logistic hub in the movement and storing of goods coming from UAE for the European market. Constanta port offers facilities for new investments, ensuring at the same time a strategic position opening to Central and Western Europe through the Danube river corridor,” Mihai Daraban pointed out. According to him, the value of commercial exchanges between the two states, at October 2023 level, was 396 million euros, very close to the total amount at the end of 2022. In context, Daraban pointed out there was an important growing potential for the development of joint projects with the UAE party. “Romania represents a trustworthy commercial partner for UAE, a fact that determined us to establish a direct connection with the Chamber of Trade and Industry of Romania,the most important promotion vector of business in your country. We could thus develop may projects in partnership with Romanian entrepreneurs, KEZAD Group being present in 12 commercial areas in Abu Dhabi, Al Ain and Al Dhafra Region. We have ver 50,000 employees and operations in 40 countries, among which Turkey, India and Indonesia, while in Europe we have been operating in 11 ports. At present, 611 UAE companies activate in Romania and the value of direct investments at the end of 2022 was 469 million euros. With the business contacts established tday we want to improve these figures and develop a long term economic relation with Romania,” said Khalid Al Marzooqi.
The health sector, public administration, and the energy industry are the most targeted by cyber threats in Romania, according to the National Cyber Security Directorate (DNSC) in its 2024 activity report. The health sector faces significant threats due to the large volume of sensitive data and underfunded critical infrastructure. Public administration is often the target […]
The funeral service of Romanian former president Ion Iliescu was performed on Thursday, August 7, an official mourning day in Bucharest. Among those present were family, friends, former allies, and political opponents. Those absent, namely the former president Klaus Iohannis and current president Nicusor Dan, were also notable. Ion Iliescu, Romania’s first president after the […]
The multisensory photography exhibition World Unseen has opened to the public in Brașov, central Romania, as part of its national tour. Hosted at Olimpia – The Museum of Sport and Mountain Tourism, the exhibition is open until September 14 and aims to make photography accessible to people of all abilities, including those with visual impairments […]
Romanian foreign minister Oana Țoiu began an official visit to Ukraine on Thursday, August 7, marking the first bilateral trip by a Romanian foreign minister to Kyiv since the Russian invasion in 2022. The visit signals Romania's strong and ongoing solidarity with Ukraine, the ministry said. Minister Țoiu is scheduled to hold high-level talks with […]
M Core continues to expand its Romanian portfolio with a new retail development in Bucharest. This time, the project is targeting one of the city’s most dynamic residential areas — Prelungirea Ghencea. The project, developed on a plot of approximately 51,400 sqm, will be located on Prelungirea Ghencea Street, no. 344–348, and is currently in […]
The FeminEast Association has launched the first free digital platform dedicated exclusively to financial education for women and young girls in Romania and Eastern Europe. Designed to address persistent gaps in financial literacy, the platform offers accessible, practical content tailored to the needs of schoolgirls, students, mothers, and women seeking financial independence or career changes. […]
