Page 655 - INVESTOPIA ENGLISH PR REPORT - International Part 4
P. 655

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
               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.




               https://smb.natchezdemocrat.com/article/Investopia-strengthens-UAE-South-Korea-economic-
               partnership-in-sectors-of-venture-investments-entrepreneurship-and-
               startups?storyId=65f153494a35c70008f81931
   650   651   652   653   654   655   656   657   658   659   660