Page 258 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/27/24, 2:44 PM Investopia strengthens UAE-South Korea economic partnership in s - Jacksonville - WWRJ

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.

https://jacksonville.newsnetmedia.com/story/50563230/investopia-strengthens-uaesouth-korea-economic-partnership-in-sectors-of-venture-investmen… 2/3