Page 620 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/28/24, 10:46 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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