
2023-seoul-strengthens-cooperation-with-dubai-special-economic-zone
Seoul strengthens cooperation with Dubai special economic zone
MOU signed on Thu, Nov. 9 with the DIFC to support the network growth of financial hubs and the overseas expansion of innovative enterprises
The Seoul Metropolitan Government (SMG) announced the conclusion of an MOU on Thu, Nov. 9, strengthening cooperation with the Dubai International Financial Centre (DIFC), one of the world¡¯s biggest global financial hubs that covers the Middle East, Africa and South Asia, to support the network growth of financial hubs, including
Korea¡¯s financial hub Yeouido, and the overseas expansion of innovative enterprises.
Following the Middle East¡¯s heightened interest in Seoul and its fintech enterprises recently, the city plans to construct a network to foster constant exchanges between investors and enterprises, highlighting the importance of cooperation between cities and states to foster successful market expansion of Korean enterprises in the Middle East.
Mayor Oh Se-hoon held meetings with Arif Amiri, CEO of the DIFC, and Mohammed Alblooshi, CEO of the DIFC Innovation Hub, stating, ¡°There are many opportunities for cooperation between Seoul and Dubai, and I hope that these opportunities will only continue to grow.¡±
- Seoul City http://www.gken.co.kr/