Page 223 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/21/24, 2:31 PM Investopia strengthens UAE-Korea economic partnership in venture investments, entrepreneurship, startups | Emirates News Age…
for Startup and Entrepreneurship Development. Abdul

Basset Qaid, Head of Capital Funding at the Dubai

Future District Fund, and 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

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