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3/28/24, 10:24 AM Investopia strengthens UAE-South Korea economic partnership in sectors of venture investments, entrepreneurship & startups | …
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.
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