Page 82 - MOE ENGLISH PR REPORT - DECEMBER 2024

Press Release

H.E. Alia Al Mazrouei to lead UAE delegation to South Korea

UAE SMEs will showcase cutting-edge technologies and explore partnership

opportunities at ComeUp Korea startup festival

Abu Dhabi, 4 December 2024:

H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, will head the
UAE delegation visiting the Republic of Korea next week to promote economic
cooperation in the fields of entrepreneurship, technology, innovation, and SMEs. The UAE
delegation will take part in ComeUp 2024 startup festival and utilize the platform for
sharing success stories, exchanging insights, and enhancing business connections with the
Korean private sector. The delegation comprises over 60 representatives from government
entities, private sector companies, national SMEs, and business incubators.

The visit underscores the robust and enduring UAE-South Korea relations on all fronts,
particularly in the economic sphere. Both countries share the vision to develop the SME
sector to be a key driver of economic growth and prosperity. The visit is geared towards
exploring innovative pathways for sustainable cooperation and partnership in this vital
field.

At ComeUp 2024, the UAE delegation will showcase cutting-edge products, services, and
technologies that promote SME growth and enhance trade collaboration with Korea’s
business community. The visit will also feature the inaugural meeting of the UAE-Korea
SME Committee, aimed at exchanging expertise, advancing the entrepreneurial sector, and
highlighting innovative startup models within the business ecosystems of both nations.

The UAE and South Korea have signed multiple agreements and MoUs to advance
cooperation in the SMEs sector and strengthen their business environments to support the
achievement of their shared goals for development.

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