The UAE and South Korea will expand economic cooperation in a number of sectors, including nuclear power, defence, hydrogen and solar energy industries, among others.
It comes as South Korea's President Yoon Suk-yeol held talks with UAE President His Highness Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi, during a four-day state visit.
During the summit, the two countries also signed 13 memorandums of understanding, including an agreement between the state-run Korea Development Bank and the Abu Dhabi state fund Mubadala to cooperate for investment in South Korean companies.
Both sides also amended a space deal that was signed between the two countries in 2017.
Decision to collaborate in fields like transport, crude oil storage, cargo and carbon neutrality were also sealed.
Dubai’s Saddle Café opens outlet in Courchevel, French Alps
UAE leads high-level delegation to Egypt for CEPA negotiations
Sharjah Ruler approves 2026 general budget of AED 44.5 billion
Andre Agassi to headline 11th Dubai International Project Management Forum
