UAE Sees 16% Rise in Korean Companies, Now 1,300 Firms

Abu Dhabi, UAE – The United Arab Emirates has become an increasingly strategic hub for Korean businesses, now hosting nearly 1,300 Korean companies, marking a 16% growth compared to August 2024, Abdulla bin Touq Al Marri, Minister of Economy and Tourism, announced.

The minister shared the update while welcoming a delegation from the Republic of Korea, led by Yoon Jin-sik, Chairman of the Korea International Trade Association (KITA). The delegation included representatives from 25 Korean firms operating in diverse sectors such as technology, healthcare, energy, artificial intelligence, investment, and electric vehicles.

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Highlighting the UAE’s competitive advantages, Minister Al Marri noted that the country has emerged as a key gateway for Korean exports to the Middle East and North Africa, offering an attractive investment climate and robust business environment that encourages companies to expand across multiple economic sectors.

“Korean companies see the UAE not only as a strategic partner but also as a platform to scale their operations regionally. Our policies continue to facilitate innovation and sustainable investment,” Al Marri added, emphasizing the government’s commitment to strengthening bilateral trade and investment ties.

The growth of Korean enterprises in the UAE reflects deepening economic relations, with sectors such as AI, electric mobility, and renewable energy witnessing particularly strong engagement. Analysts say this trend signals continued diversification and resilience in UAE-Korea trade partnerships.