Page 592 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/28/24, 10:23 AM Auburn Sentinel | Press Releases

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.

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

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