Page 732 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/28/24, 10:56 AM Investopia strengthens UAE-South Korea economic partnership in sectors of venture investments, entrepreneurship & startups | …
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

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