Page 129 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/27/24, 2:25 PM Investopia strengthens UAE-South Korea economic partnership in sectors of venture investments, entrepreneurship & startups | C…
The two agreements were signed in the presence of H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy and Chairman of
Investopia, and H.E. Daehee Lee, Deputy Minister at the Korean Ministry of Small and Medium Enterprises and Startups. The first
agreement was signed by Mr. Ahmed Hamza, Executive Director of the Free Zone, representing the Dubai Multi Commodities Center,
and Mr. Ganghun. Lee, Vice President of the Korea Institute for Startup and Entrepreneurship Development. Mr. Abdul Basset Qaid,
Head of Capital Funding at the Dubai Future District Fund, and Mr. Hyung-chul Koo, Senior General Manager at KVIC, signed the
second MOU.

The agreement between DMCC and KISED is aimed at providing comprehensive support to startups and entrepreneurs and
facilitating the exchange of experiences between the two parties to achieve mutual benefit and apply best market practices. It will also
facilitate the entry of UAE startups to Korean markets and vice versa and enhance cooperation in new industries such as the
entertainment sector, digital games, blockchain, and non-fungible token (NFT) technologies.

Meanwhile, the agreement signed between DFDF and KVIC aims to enhance cooperation between the two parties in the field of
venture investments, share visions and experiences in startups, and enhance their expansion and global growth, as well as exchange
invitations to participate in relevant international events.

The latest MOUs add to the already strong UAE-Korean relations, strengthening their strategic partnership in the fields of energy,
investment, emerging industry and new economy sectors. Moreover, they highlight Investopia’s success in driving investment
initiatives and projects at the local and global levels and encouraging investors and governments to explore various investment and
economic opportunities.

Investopia 2024 brought together a wide array of investors, government representatives, entrepreneurs and experts over the two days
of the event that took place in Abu Dhabi, UAE, at the end of last February; which witnessed the attendance of more than 2,500
participants and more than 90 speakers who addressed the latest investment and economic trends.

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