Page 248 - INVESTOPIA ENGLISH PR REPORT FEBRUARY - MARCH 2024

3/21/24, 2:35 PM Investopia strengthens UAE-Korea economic partnership in venture investments, entrepreneurship, startups
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 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.

https://www.bignewsnetwork.com/news/274153238/investopia-strengthens-uae-korea-economic-partnership-in-venture-investments-entrepreneurship… 2/3