Page 240 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/21/24, 2:34 PM PRESSR: Investopia strengthens UAE-South Korea economic partnership in sectors of venture investments, entrepreneurship & s…
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

H.E. Daehee Lee, Deputy Minister at the Korean Ministry of Small

and Medium Enterprises and Startups. The first agreement was

signed by Mr. Ahmed Hamza, Executive Director of the Free Zone,

representing the Dubai Multi Commodities Center, and Mr. Ganghun.

Lee, Vice President of the Korea Institute for Startup and

Entrepreneurship Development. Mr. Abdul Basset Qaid, Head of

Capital Funding at the Dubai Future District Fund, and Mr. 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.

https://www.tradingview.com/news/reuters.com,2024-03-11:newsml_Zaw3gl350:0-pressr-investopia-strengthens-uae-south-korea-economic-partnersh… 2/4