Page 237 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

Investopia 2024 Enhances UAE-Korea Economic

Partnership With Key MoUs

By OneArabia

Investopia 2024, a prominent event held in Abu Dhabi at the end of last February,
marked a significant milestone in international economic collaboration with the signing
of two memorandums of understanding (MoUs) between the UAE and the Republic of
Korea. These agreements, aimed at fostering dialogue and creating new business
opportunities, were signed by notable entities from both nations, highlighting the event's
role in promoting sustainable economic growth through innovation and partnership.
The first MoU, a partnership between the Dubai Multi Commodities Center (DMCC) and
the Korean Institute of Startup and Entrepreneurship Development (KISED), focuses on
supporting startups and entrepreneurs. This agreement facilitates the exchange of
experiences and best practices, aiming to benefit both parties by enhancing market
access for UAE startups in Korea and vice versa. Key sectors such as entertainment,
digital games, blockchain, and non-fungible token (NFT) technologies are highlighted for
cooperation under this MoU.

The second MoU involves the Dubai Future District Fund (DFDF) and the Korea
Venture Investment Corporation (KVIC). This agreement is designed to boost venture
investments and startup growth on a global scale. Both parties will share visions and

https://www.onearabia.me/local/uae-korea-partnership-boosted-by-investopia-2024-011-
10801.html