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3/27/24, 2:56 PM Investopia strengthens UAE-South Korea economic partnership in sectors of venture investments, entrepreneurship & startups |
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
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