Page 292 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/27/24, 2:47 PM Small Business | Leader Publications
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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