Page 764 - INVESTOPIA ENGLISH PR REPORT - International Part 4

3/28/24, 10:58 AM Washington City Paper: The Free Source for Local News in D.C. | 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,

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