Dubai Internet City, affiliated with TECOM Group, the largest regional business park for technology companies and talents working in their fields in the region, signed a memorandum of understanding with the “Korean National Information Technology Promotion Agency”, which is supported by the South Korean government, with the aim of promoting innovation and entrepreneurship in a way that contributes to the growth of the sector. Global technology.
On the sidelines of signing the memorandum of understanding, a high-level Korean delegation toured Dubai Internet City, which includes an elite group of the most prominent global and regional technology companies. The memorandum was signed on behalf of Dubai Internet City by Ammar Al Malik, Executive Vice President of TECOM Group – Commercial Sector; And for the “Korean National Information Technology Promotion Agency”, President Sung Wook Hur.
It is worth noting that there is a strong and close trade partnership between the United Arab Emirates and Korea, as the volume of non-oil trade exchange between the two countries reached 3 billion US dollars during the first half of the year 2023. The UAE is the second largest Arab trade partner of Korea, noting that it conducts Recently, joint talks to reach a comprehensive economic partnership agreement. In January 2023, the UAE announced its plan to invest $30 billion in various sectors and industries in South Korea, with the aim of strengthening and expanding the scope of economic cooperation over the next few years.
The signed memorandum includes enhancing cooperation and coordination, as the “Korean National Information Technology Promotion Agency” will provide information and data that will facilitate the participation of Korean technology companies, professionals and talents in the work environment of Dubai Internet City.
Speaking on behalf of Dubai Internet City, Ammar Al Malik, Executive Vice President of TECOM Group – Commercial Sector, commented on this partnership, saying: “The strategic partnership with the Korean National Information Technology Promotion Agency is an important step in our endeavor to promote innovation and entrepreneurship in the technology sector in the Emirate.” Dubai and the world, in line with the goals of the Dubai Economic Agenda D33. There is no doubt that the resources and capabilities enjoyed by Dubai Internet City and the TECOM Group will contribute to creating a sustainable positive impact and supporting the growth of Korean technology companies in the region and the world alike.”
The signing of the memorandum of understanding with the National Information Technology Promotion Agency confirms Dubai Internet City’s commitment to advancing the technology sector and stimulating innovation and entrepreneurship, by launching joint initiatives that will have a noticeable positive impact on the global level. This agreement was signed on the sidelines of the GITEX Global 2023 exhibition, the largest and most prominent technology event in the world, which continues until October 20 at the Dubai World Trade Centre, noting that Dubai Internet City is participating in this exhibition as an innovation partner.
Dubai Internet City is the largest regional business park for technology companies and talents working in their fields in the region, noting that it has played a pivotal role in achieving the goals of Dubai’s digital transformation strategy for more than two decades. Dubai Internet City includes more than 3,000 clients from the most prominent international companies, employing more than 29,000 specialists.
Dubai Internet City is one of the specialized business parks of the TECOM Group, which includes Dubai Design District, Dubai Science Park, Dubai Media City, Dubai Studio City, Dubai Production City, Dubai Knowledge Park, Dubai International Academic City and Dubai Industrial City.
2023-10-20 11:31:45
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