Page 374 - MOET PR REPORT- SEPTEMBER 2025

9/24/25, 4:24 PM UAE Welcomes 1,300 Korean Companies with 16% Growth
Al Marri elaborated on the strategic advantages that the UAE provides. “The growth of Korean participation in our market is
more than just a statistic; it symbolizes a deepening relationship that is essential for mutual economic benefit,” he noted. This

synergy is part of the UAE’s broader strategy to cultivate global partnerships, thereby bolstering its initiatives aimed at
economic diversification and innovation.

The emphasis on economic diversification is particularly significant in light of the UAE’s long-term vision. As a nation that has
historically relied on oil and gas revenue, there has been a concerted effort to diversify its economic portfolio, which now

includes sectors such as renewable energy, technology, and tourism. This diversification is not only essential for sustainable
growth but also for preparing the economy for future challenges, including fluctuating oil prices and global economic
uncertainties.

The meeting also featured discussions on the specific initiatives that could further encourage Korean firms to invest in the UAE.
The backdrop of strong diplomatic relations, propelled by shared goals for trade and sustainable development, offers a favorable

environment for fostering innovation. The UAE is increasingly seen as a gateway for South Korean enterprises aiming to
penetrate new markets, particularly in burgeoning sectors like renewable energy and smart technology.

Moreover, the participation of Korean companies in the UAE is indicative of a larger trend: a shift towards a knowledge-based
economy. Companies hailing from South Korea are renowned for their cutting-edge technological advances and innovative

solutions, skills that are invaluable as the UAE gears up to meet the demands of the future. The collaboration between these
Korean entities and local businesses holds the potential to create a fertile ground for innovation and job creation, providing a
boost to both economies.

Yoon Jin-sik expressed optimism regarding the potential for enhanced bilateral trade and investment opportunities. “Our

presence here represents not only a commitment to the UAE but also a vision for growth that is mutually beneficial,” he stated.
This statement reflects the optimism shared by many in the business community who believe that collaborative ventures
between the two nations can lead to groundbreaking advancements in various sectors.

As the UAE continues to solidify its status as a hub for international business, the growing involvement of Korean companies

can only serve to elevate the economic landscape further. The strong bilateral relationship emphasizes the importance of trade,

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