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3/27/24, 2:34 PM   Investopia strengthens UAE-South Korea economic partnership in sectors of venture investments, entrepreneurship & startups | T…


                INVESTOPIA STRENGTHENS UAE-SOUTH KOREA ECONOMIC
                   PARTNERSHIP IN SECTORS OF VENTURE INVESTMENTS,

                                    ENTREPRENEURSHIP & STARTUPS

                                                      Mar 13, 2024 | Business


















































           Two new MOUs signed by four UAE & South Korean institutions

           DUBAI, UAE, March 13, 2024 /24-7PressRelease/ — Investopia 2024 witnessed the signing of two memorandums of understanding (MOUs)
           between the UAE and the Republic of South Korea. The first MOU was signed by the Dubai Multi Commodities Center (DMCC) and the
           Korean Institute of Startup and Entrepreneurship Development (KISED), while the second partnership is between the Dubai Future District
           Fund (DFDF) and the Korea Venture Investment Corporation (KVIC).

           The MOUs underline Investopia’s role in enhancing dialogue and connectivity between 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.
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