Investopia 2024 witnessed the signing of two MOUs between the UAE and the Republic of South Korea. The first MOU was signed by the Dubai Multi Commodities Center (DMCC) and the Korean Institute of Startup and Entrepreneurship Development (KISED), while the second partnership is between the Dubai Future District Fund (DFDF) and the Korea Venture Investment Corporation (KVIC).
The agreement between DMCC and KISED aims to provide comprehensive support to startups and entrepreneurs and facilitate 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 venture investments, share visions and experiences in startups, enhance their expansion and global growth, and 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.
