Page 232 - MOE ENGLISH PR REPORT - DECEMBER 2024 (International)

1/10/25, 1:44 PM UAE participates in ComeUp 2024 in Korea to enhance growth opportunities for national SMEs and support them in their expansion…

UAE participates in ComeUp 2024 in Korea to enhance growth opportunities
for national SMEs and support them in their expansion to foreign markets

Dec 18, 2024 | Business

UAE delegation included 28 SMEs that showcased their products & services based on advanced technology

DUBAI, UAE, December 18, 2024 /24-7PressRelease/ — A United Arab Emirates (UAE) delegation, led by Her Excellency Alia bint Abdullah
Al Mazrouei, UAE Minister of State for Entrepreneurship, participated in the ComeUp startup festival held in the Korean capital, Seoul,
recently on December 2024. The UAE’s participation in the forum was aimed at enhancing cooperation with Korea in the fields of
entrepreneurship, SMEs, advanced technology and innovation, and exchanging experiences and policy frameworks in these fields.

The UAE pavilion at the exhibition, set up by the Ministry of Economy, showcased 28 small and medium-sized companies who highlighted
their products and services that harness latest technological solutions and AI, enabling them to attract investments that aid business growth.

Her Excellency said: “The UAE delegation’s participation in the exhibition this year represents an important milestone in our efforts to
support the economic relations between the two countries in the field of entrepreneurship. It is also an ideal opportunity to open new global
markets for the UAE’s SMEs and support them in promoting their projects to a large base of investors in Korea and many countries around
the world. These efforts are of great significance since SMEs constitute 94% of the total companies operating in the UAE markets, and
contribute 63.5% to our non-oil GDP.”

“The UAE Ministry of Economy is committed to providing all forms of support to Emirati entrepreneurs and creating a supportive
environment for the growth of their businesses, enabling them to attract investments and promote their products and services in foreign

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