Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Yasser El-Gammal (World Bank): There is still a...

Yasser El-Gammal (World Bank): There is still a long way to go on gender rights and equality

April 3, 2025

 Women are involved in certain sectors, such as entrepreneurship, boards of directors, political representation or in the labor market, but there is still a long way to go in terms of rights, gender equality and empowerment, Yasser El-Gammal, World Bank Country Manager for Romania and Hungary, said on Thursday at a specialized event."I'm relatively new to Romania, so I know very few of you, but I'm rather sure I'm here today surrounded by some of the most successful women in this country and I'm truly honored to have this opportunity. I hope that in the months and years to come I will have the chance to learn and hear about all your stories (...) We talk about rights, gender equality and empowerment. In all these three areas, I believe that, both globally and in Romania, we have come a long way and there is much to celebrate, but we also know that there is still much to do. In all countries, we see that girls perform better in school than boys, and Romania is no exception. I've seen it in Africa, in Asia, and now I'm seeing it in Europe. When you look at the participation in the labor market and when you look at the involvement of women in certain sectors, for example, in entrepreneurship, in boards of directors, as political representation, you realize that there is still a long way to go," El-Gammal mentioned at the conference organized by the Bucharest Stock Exchange (BVB) and the International Finance Corporation (IFC).He added that women should be appreciated for the responsibilities they have in everyday life, including a successful career."I also come from a culture, I think, from what I've seen in the last five months, somewhat similar to Romania. I am Egyptian, I grew up in Egypt, but I am also Canadian, but I feel more Egyptian. Sometimes I feel that even though our cultures have beautiful things, they hinder the progress of women in certain aspects. I came to live in Europe early in my life. I lived in the US for a very long time. And there is a certain "women's time" that exists in my culture. So we have a holiday and we celebrate it. I always see my mom spending two days in the kitchen and that's the fate of women, at least in my culture. We have somebody sick, an old person sick and automatically it's a woman's responsibility to take care of that. These are things that I'm not necessarily saying we should change, but I'm saying we should appreciate them and understand that they are obstacles in a woman's life, especially a woman who decides she would like to have a career and a successful one," the World Bank official said.BVB, together with IFC, organized on Thursday the event "Ring the Bell for ALL Women and Girls: Rights. Equality. Empowerment", a global initiative organized by stock exchanges and other capital markets stakeholders to promote gender equality and highlight the role of women in the workplace and in the communities where they live. 

Read in full - click here
Firefighters battle over 8,500 vegetation fires in Romania this summer

Romanian firefighters intervened to extinguish 8,520 vegetation fires nationwide between June 1 and August 31 this year, 3.2% fewer than in the same period of 2024, the General Inspectorate for Emergency Situations (IGSU) said on Tuesday, September 23. Despite the slight national decrease, the agency said the phenomenon continues to pose a major threat to […]

Plane forced to circle Cluj-Napoca airport due to sleeping air traffic controller

A plane with hundreds of passengers was forced to remain in the air and circle the Cluj-Napoca International Airport for several minutes after an air traffic controller reportedly fell asleep on duty, Stirileprotv.ro reported. The incident is said to have happened over a month ago. On that night, three controllers...

Colliers: Romania’s housing market entered cooling phase in 2025 as buyers grew more cautious

Romanian consumer confidence has dropped to one of its lowest levels in the past 15 years, consultancy company Colliers said in a recent report. After several years of record demand, Romania’s housing sector entered 2025 in a cooling phase as buyers grew more cautious. Consumer sentiment saw its steepest half-yearly decline since the 2009–2010 financial […]

NATO to deploy Turkish anti-drone surveillance system in Poland, Romania

The North Atlantic Treaty Organization, or NATO, will begin deploying Turkey’s advanced MEROPS surveillance system in Poland and Romania to guard against drone incursions from Russia, Euractiv reported. The Multispectral...

Bellemonde expands northern Bucharest development with new EUR 25 mln villa project

Bellemonde announced that it launched a new premium residential project in Pipera, northern Bucharest, adding 52 villas through an estimated investment of EUR 25 million. The development, called Bellemonde Privée, will include single-family homes, duplex villas, and townhouses, built on a 25,000 sqm plot across from the existing Bellemonde complex. About 65% of the total […]

Romania expresses solidarity with Estonia at UN Security Council meeting after Russian airspace incursion

Romanian foreign minister Oana Țoiu expressed solidarity with Estonia during the September 22 emergency meeting of the United Nations (UN) Security Council after the latter's airspace was violated by three Russian fighter jets last week. On Friday, September 19, Russian jets entered and stayed in the airspace above the Gulf of Finland for 12 minutes, […]