July 28, 2023
1 min read

Newly launched Romanian Business Council enhances economic ties with Dubai

By promoting collaboration, sharing valuable insights, and embracing cutting-edge technologies, our aim is to strengthen businesses and promote sustainable growth…reports Asian Lite News

The establishment of the Romanian Business Council by Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, marks a significant milestone in enhancing economic ties between Dubai and Romania. This newly launched business council will actively advocate for the interests of Romanian businesses and UAE-registered companies owned by Romanians in Dubai. Additionally, it will play a crucial role in bolstering Dubai’s presence in Europe and attracting fresh investments from the region.

The launch of the Romanian Business Council comes as part of the chamber’s strategy to establish new country-specific business councils and expand their roles to promote cross-border business opportunities and boost bilateral trade.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are proud to support the establishment of the Romanian Business Council, which heralds a new era of enhanced cooperation between Dubai and Romania’s dynamic business communities. This collaborative effort supports our ongoing drive to ensure a supportive, enabling, and world-class business environment in Dubai. We look forward working together to boost bilateral trade and promote cross-border business opportunities.”

“We are excited to declare the formation of the Romanian Business Council,” said Genoveva Turcu, the President of the council. The primary objective of our organization is to assist both Romanian and UAE businesses in building a community that thrives on innovation, collaboration, and the exchange of knowledge. By promoting collaboration, sharing valuable insights, and embracing cutting-edge technologies, our aim is to strengthen businesses and promote sustainable growth.”

Covering markets of strategic importance to Dubai, business councils serve as valuable platforms for companies in the UAE and abroad to connect, collaborate, and build mutually beneficial partnerships, opening new channels for economic cooperation with business communities across the globe.  The number of Romanian companies registered with Dubai Chamber of Commerce was 381 by the end of 2022.

ALSO READ-Dubai Chamber aids 100 firms in global expansion

Previous Story

‘Indians Most Conciliatory Towards China Among Quad Nations’

Next Story

Swadesh Darshan 2.0 to transform Chandigarh into a premier tourist spot

Latest from Business

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an

Microsoft Cuts Deep

The fresh job cuts come less than two months after Microsoft announced it was laying off more than 6,000 employees…reports Asian Lite News Microsoft is set to cut around 9,000 jobs —

Northeast Is Growth Engine

Scindia also provided updates on the government’s efforts to facilitate the entry of SpaceX’s Starlink service into India. “All due diligence from the Ministry’s side is complete Union Minister for Communications and

India to Empower Global South

India is emerging as a pivotal force in the global transition to clean energy, with Union Minister for New and Renewable Energy, Pralhad Joshi, asserting that the country is empowering the Global

Maruti’s Global Push Breaks Record

June shipments hit 37,842 units, signalling robust global demand Maruti Suzuki India recorded its highest-ever monthly exports in June, shipping 37,842 units and marking a new milestone that highlights the company’s expanding
Go toTop

Don't Miss

Vibrant Flavours of Modern Indian Cuisine at Bombay Brasserie: Taj Dubai’s Premier Dining Destination

Bombay Brasserie, the acclaimed dining destination nestled within Taj Dubai,

Indian biz & political leaders to attend India Week across UK

India Week will take place across the UK, starting from