Investopia 2024, held in Abu Dhabi, saw the signing of two significant memorandums of understanding (MOUs) between the United Arab Emirates (UAE) and the Republic of South Korea, further solidifying their partnership in energy, investment, and emerging industry sectors.
The first MOU was inked between the Dubai Multi Commodities Center (DMCC) and the Korean Institute of Startup and Entrepreneurship Development (KISED), while the second agreement was established between the Dubai Future District Fund (DFDF) and the Korea Venture Investment Corporation (KVIC).
The agreements, 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, signify Investopia’s pivotal role in fostering dialogue and connectivity between national and international institutions.
The collaboration aims to bolster support for startups and entrepreneurs, foster the exchange of experiences, and explore new avenues in sectors such as energy, financial technology, and artificial intelligence. Moreover, the agreements underscore the commitment of both nations to drive sustainable growth and global expansion in the venture capital and emerging technology sectors.
The successful conclusion of the MOUs further strengthens the strategic partnership between the UAE and South Korea, showcasing Investopia’s effectiveness in driving investment initiatives and fostering economic cooperation at both local and global levels.
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