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Luberef net profit falls 7% in Q1

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The company's net profit was $66m in Q1 2024

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The total dividend paid to shareholders in 2024 $1.3bn.

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Romania-UAE Business Forum promotes economic collaboration

Romania-UAE Business Forum calls for establishing joint economic partnerships.
  • Romanian business leaders were speaking at Romania-UAE Business Forum at Expo 2020 Dubai
  • Private sector representatives from the UAE and Romania called for harnessing available opportunities to create joint investment ventures

High-ranking UAE and Romanian business leaders on Tuesday called for establishing economic partnerships.in energy, technology, aeronautics, aerospace, defence, IT, agriculture, services, medical sciences and tourism.

Romanian business leaders were speaking at Romania-UAE Business Forum at Expo 2020 Dubai where a Romanian delegation comprising high-ranking officials and 50 of the most relevant Romanian companies from industry sectors took part along with their Emirati counterparts from public and private sectors.

Private sector representatives from the UAE and Romania called for harnessing available opportunities to create joint partnerships and investment ventures.

In his opening address to the event, Humaid Mohamed Ben Salem, Secretary General of the Federation of UAE Chambers of Commerce & Industry (FCCI), said that the UAE provides the Romanian investors with promising opportunities in trade, industry, services, infrastructure and other vital projects.

Given its strategic location at the crossroads of global trade, he added the UAE is one of the safest investment havens in the world and is welcoming more new investors and holidaymakers.

Romania Pavilion introduces some of the most relevant Romanian companies from diverse industries to shed light on the country’s business opportunities, and cultivate valuable dialogue and connections with a wide range of business stakeholders visiting Expo 2020 Dubai.