Page 228 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

UAE and South Korea to strengthen investment,

economic partnership

• 11 Mar 2024

Officials during the meeting.

Investopia 2024 witnessed the signing of two memorandums of understanding (MoUs)
between the UAE and the Republic of South Korea. The first MoU was signed by the
Dubai Multi Commodities Center (DMCC) and the Korean Institute of Startup and
Entrepreneurship Development (KISED), while the second partnership is between the
Dubai Future District Fund (DFDF) and the Korea Venture Investment Corporation
(KVIC).

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,
Minister of Economy and Chairman of Investopia, and Daehee Lee, Deputy Minister at

https://www.gulftoday.ae/business/2024/03/11/uae-and-south-korea-to-strengthen-investment-
economic-partnership