Page 232 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

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 Abdullah bin Touq Al Marri,
Minister of Economy and Chairman of Investopia, and Daehee Lee, Deputy Minister at
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 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 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.

https://en.aletihad.ae/news/business/4470100/investopia-strengthens-uae-korea-economic-
partnership-in-ven