Dubai, Korea strengthen trade ties with new MoU signing

Dubai, Korea strengthen trade ties with new MoU signing

Post by : Layla Badr

Sept. 23, 2025 4 p.m. 312

Dubai, September 2025 – Dubai Chambers has hosted the Dubai–Korea Roundtable Discussion, welcoming a delegation of 25 Korean companies to explore fresh opportunities in Dubai’s thriving business ecosystem.

Organised in partnership with the Korea International Trade Association (KITA) and the UAE Embassy in Seoul, the high-level gathering attracted around 60 participants, including representatives from 14 Dubai-based organisations and companies. The discussion opened doors for collaboration across a wide spectrum of sectors, from agritech, artificial intelligence, and fintech to energy, infrastructure, mobility solutions, and construction.

A key highlight of the event was the signing of a Memorandum of Understanding (MoU) between Dubai Chambers and KITA. The agreement was formalised by Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, and Gi-Hyun Kim, Vice President of KITA, in the presence of H.E. Jin-Sik Yoon, Chairman of KITA. The MoU aims to enhance private-sector investment, encourage information exchange on economic developments, and pave the way for trade delegations, exhibitions, and joint forums.

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The roundtable underlined Dubai’s appeal as a hub for Korean businesses of all sizes, especially in advanced technology and digital sectors. The collaboration also comes ahead of Expand North Star 2025, the world’s largest event for startups and investors, scheduled for 12–15 October at Dubai Harbour. Last year’s edition recorded a strong Korean presence, with 152 companies participating – more than double the number seen in 2023.

With this momentum, the Dubai–Korea partnership signals growing prospects for trade and innovation, positioning both economies to leverage shared strengths in technology, industry, and global investment.

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