Page 229 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

the Korean Ministry of Small and Medium Enterprises and Startups. The first agreement
was signed by Ahmed Hamza, Executive Director of the Free Zone, representing the
Dubai Multi Commodities Center, and Ganghun. Lee, Vice President of the Korea
Institute 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 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 at the end of last February. It served as an ideal platform for
establishing partnerships and creating investment and cooperation opportunities within
the sectors of the new economy, as it witnessed the attendance of more than 2,500
participants, and more than 90 speakers who addressed the latest investment and
economic trends. These included new strategies in venture capital deals, the growth
potential of the green economy, new generation investment, and the digital economy,
tourism, sports and technology sectors.

The third edition of Investopia (Investopia 2024) ended on a high note after laying out a
new investment roadmap, particularly for those in the new economic sectors, for the
business communities, decision-makers, investors and global financial institutions. The
latest edition of the event discussed key themes surrounding sustainable economic
development and contributed to strengthening dialogue between the government and
private sectors to find solutions to the current global economic challenges. The fourth
edition of Investopia will take place in 26 and 27 February 2025.

The speakers and panelists at Investopia 2024 highlighted the importance of exploiting
capital flows in emerging industries in promising markets, and directing global
investment flows to human capital, infrastructure sector, fintech, clean energy, circular
and creative economies and health sector and AI.

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