The UAE Romanian Business Council made its official debut in the United Arab Emirates, the aim of the association being to represent a bridge between the business environments of the two countries, to facilitate trade and mutual investments, to facilitate the evolution from simple commercial transactions to establish lasting and impactful partnerships, a press release reads.The launch event was attended by over 400 guests, including politicians, personalities from the two countries and entrepreneurs: Sheikh Hamdan bin Khalifa bin Hamdan Al Nahyan, Sheikha Dr. Hind Al Qassimi, Sheikh Khalid bin Abdullah Almualla, Romania's ambassador to the UAE, Octavian Badica, senators Ciprian Pandea and Viorel Badea, deputy Marius Margarit."We see a growing dynamic between the private sectors of both countries. What we see is from business to business, with economic and investment potential. This gave birth to the Business Council. What we see here is the power of experience and the community of connected people, willing to share the knowledge and expertise they have for new corridors (...) between Romania and the United Arab Emirates," the Romanian ambassador to the UAE, Octavian Badica, said.In his turn, the president of UAEROBC, Marius Marinoff, told the WAM news agency that the main objective of establishing this council is to intensify the cooperation between the business communities of the two countries and to realize the vision of the two presidents - Mohamed bin Zayed Al Nahyan, the president of the United Arab Emirates, and Klaus Iohannis, the president of Romania - to stimulate investments and commercial exchanges between Romania and the UAE, aiming to reach 100 billion dollars."This council will bring numerous benefits to several economic sectors in both countries and will contribute to the development of trade and mutual investments," the honorary president of the UAE Romanian Business Council, Sheikh Hamdan bin Khalifa bin Hamdan Al Nahyan, said.Sheikha Dr. Hind Abdul Aziz Al Qasimi, founder and president of Emirates International Business Club, highlighted the essential role of business councils as means of communication between Emirati entrepreneurs and their global counterparts and urged local companies to explore opportunities in Romania. At the same time, she emphasized the importance of diversity and emphasized the quality of investments and the potential for fruitful partnerships, noting that the Romanian entities in the Emirates were already familiar with the local market, a fact that increases the prospects for collaboration. (Photo: www.wa.ae)
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
The European Bank for Reconstruction and Development, or EBRD, has revised its estimates regarding the evolution of the Romanian economy in 2025 downward to 1.6%. The bank expects Romania’s GDP to grow 0.2% less than the 1.8% estimate made in February, and to increase by 2.4% in 2026. Romania's GDP growth slowed to 0.8% in […]
During a meeting on Monday, May 12, the Cluj-Napoca Local Council approved a draft resolution that imposes smoking restrictions in several public spaces in the city, including public transport stations, parks, and sports facilities. The resolution was adopted with 22 votes in favor and 3 abstentions, and will come into effect 90 days from the […]
An internal survey by Romanian Business Leaders, which does not have national representativeness but was answered by 417 entrepreneurs, shows that 62% of entrepreneurs expect to have to make layoffs, while a third expect the number of employees to remain the same. The expected layoffs are directly connected to the possibility of Romania choosing a […]
Romanian Istvan Kovacs will be the main referee for the UEFA Champions League final between Paris St-Germain and Inter Milan, which will be played on May 31 in Munich. The match will be Kovacs’ third European final in the last 4 years. The 40-year-old referee has previously officiated the UEFA Europa Conference League final in […]
Over 70 museums across Romania will open their doors after hours for the 21st edition of Night of Museums, one of the country's most anticipated cultural events. Held on the night of May 17, the event offers visitors a unique opportunity to explore exhibitions, installations, and creative activities in an unconventional, late-night setting. From major […]
