Page 145 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/27/24, 2:30 PM Claiborne Progress | Claiborne Progress | Press Releases
national and international institutions and bodies, creating promising opportunities for business
communities. It contributes to developing new partnerships that support the shift towards new

economic sectors, and enhancing investment horizons in the venture capital sector, small and
medium enterprises, entrepreneurship, financial technology, artificial intelligence, and the

circular economy as key sectors that lead the world's economies to sustainable growth.

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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