SEOUL, March 16 (Korea Bizwire) — Leaders of South Korea’s major business groups and economic organizations will accompany President Moon Jae-in on his visit to Vietnam and the United Arab Emirates (UAE) next week to further strengthen economic cooperation, industry sources said Friday. Moon will visit Vietnam and the UAE between March 22 and 27 [...]
BARCELONA, Spain, Mar. 1 (Korea Bizwire) — Mobile World Congress — UAE-based telco ‘du,’ from Emirates Integrated Telecommunications Company (EITC), and Cisco announced a collaboration to build a future-proof network that is designed to support du’s rapid transformation into a digital service provider. The announcement was made to coincide with Mobile World Congress 2018, being [...]
SEOUL, Feb. 27 (Korea Bizwire) — A top South Korean defense official used an international expo on advanced arms systems in the Middle East this week as an opportunity to explore ways to deepen overseas military partnerships, the authorities here said Tuesday. Vice Defense Minister Suh Choo-suk attended the third Unmanned Systems Exhibition & Conference [...]
SEOUL, Feb. 19 (Korea Bizwire) — Young tourists from the United Arab Emirates (UAE) and Saudi Arabia are most interested in tour programs featuring Korean pop content in South Korea, a report showed Sunday. According to the report conducted by local consulting firm Evermint Partners Co. and released by the Korea Tourism Organization, the so-called [...]
SEOUL, Feb. 8 (Korea Bizwire) — Samsung Engineering Co., a major South Korean industrial plant builder, said Thursday that its joint venture secured a US$ 3.1 billion deal to upgrade an oil refinery in the United Arab Emirates. Under the deal with the Abu Dhabi National Oil Company (ADNOC), Samsung and Netherlands-based CB&I will introduce [...]
SEOUL, Jan. 9 (Korea Bizwire) — South Korea and the United Arab Emirates (UAE) discussed ways to step up nuclear cooperation as the Middle Eastern nation’s first nuclear reactor is set to start operations later this year, Seoul’s energy ministry said Tuesday. Paik Un-gyu, South Korean minister of trade, industry and energy, met with Khaldoon [...]
SEOUL, Jan. 3 (Korea Bizwire) — The United Arab Emirates (UAE) purchased a net 967 billion won (US$908.6 million) worth of South Korean stocks last November, raising its holdings of local equity by 7.8 percent from a month earlier, data showed Wednesday. The UAE, which held 9.4 trillion won worth of South Korean stocks at [...]
SEOUL, April 26 (Korea Bizwire) – CJ Logistics Corp., a unit of South Korean food and entertainment conglomerate CJ Group, said Wednesday it has acquired two logistics companies based in India and the United Arab Emirates (UAE) as part of efforts to tap deeper into overseas markets. The Korean company has signed a deal to [...]
SEOUL, Nov. 7 (Korea Bizwire) – South Korea will host a medical tourism exhibition in the United Arab Emirates (UAE) to lure more Middle Eastern patients in need of advanced treatment, the state-run tourism agency said Monday. The Korea Tourism Organization (KTO) and the Ministry of Culture, Sports and Tourism will co-host the “Korea International [...]
SEOUL, Nov. 1 (Korea Bizwire) – Kooksoondang Brewery Co. said Tuesday it has struck a deal to export Korean traditional liquors to the United Arab Emirates (UAE), tapping into the Middle Eastern market for the first time. The Korean brewer signed a deal with Spinneys Abu Dhabi LLC to export five kinds of liquors, including [...]