UAE and South Korea sign agreement to boost ties
The UAE and South Korea have signed an agreement to boost ties between the two countries to develop entrepreneurship and scale up relationship between SMEs. The MoU was signed by Abdullah Al Saleh, Under-Secretary of the Ministry of Economy; and Kim Ki-mun, Chairman of KBIZ, in the presence of Dr....KSA launches global campaign for its bid to host Expo 2030 Riyadh
Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo.Kim Jong Un vows to make North Korea an ‘overwhelming’ military nation
Analysts say the successful launch of a missile may have emboldened Kim's confidence that his country is on the right track to achieving nuclear deterrence and that more such tests should be expected.North Korea fired intercontinental missile, claim South Korea, Japan
Pyongyang has launched nearly a dozen weapon tests this year in defiance of UN sanctions. However, long-range and nuclear tests such as the one conducted on Thursday have been paused since leader Kim Jong Un met then-US president Donald Trump for a bout of diplomacy that collapsed in 2019.Construction of $834m steel casting plant in Saudi to begin this year
A metal casting and forging plant will be built by South Korea’s Doosan Heavy Industries and Construction at the cost of 1 trillion won ($834 million) in Saudi Arabia. Under the deal, the construction of the plant at the King Salman Global Maritime Industries Complex in Ras Al-Khair will start...Samsung profit up 53%
High memory chip prices helped the company.New business deals bring KSA, South Korea closer
The two countries are working on a broader strategy to strengthen collaboration in health care, science, technology, hydrogen, public health, and artificial intelligence.South Korea pays Iran’s UN dues with frozen assets
South Korea has used $18 million of frozen Iranian assets to pay Tehran's dues to the UN, Seoul said Sunday, in a move to immediately restore the country's voting power. The payment was made Friday in cooperation with the US and the UN after Iran made an "emergency request" to...Abu Dhabi and South Korea to boost cooperation in life sciences
Abu Dhabi and South Korea have signed a partnership agreement to boost cooperation in the field of logistics and industries of life sciences and biotechnology.Aramco signs 10 Korea deals
The signings took place at the Saudi-Korean Investment Forum.UAE, South Korea ECAs sign MoU to boost green energy investments
The official export credit agencies of the UAE and South Korea have signed an MoU to boost investments in sustainable green energy, with a focus on hydrogen production projects development and trade relations between the two countries. Under the agreement between Etihad Credit Insurance and K-SURE, the official export credit...South Korean leader hails country’s soft power impact on Mideast trip
South Korea's soft power matches its economic achievements, President Moon Jae-in said on Sunday at the start of a Middle East tour expected to focus on business and trade opportunities.Passport strength: Where do Arab countries stand?
The Henley Passport Index ranks 199 passports, based on how many countries and territories their holders can travel to without needing a visa.Tehran to Seoul: Don’t wait to release frozen funds
Iranian negotiator Bagheri made the comment during a meeting with Seoul’s Vice Foreign Minister Choi Jong-kun in Viena.UNHCR, UNICEF hail Korea’s aid for refugee rehab programs in Iran
South Korea's $2.5 million aid for programs supporting Afghan refugees in Iran has been hailed by the UN High Commissioner for Refugees and UNICEF. Iranian media reports said that South Korea's Ambassador to Iran Yun Kahghyeon on Tuesday signed an agreement of cooperation with the two UN agencies in the...19 countries vow to end overseas fossil fuel finance
Major coal, oil and gas funders China, Japan and South Korea were absent from the pledge. The IEA says that to keep 1.5C in play there must be no new fossil fuel projects.UAE discusses trade partnership with South Korea
The UAE and South Korea have discussed the prospect of pursuing a Comprehensive Economic Partnership Agreement to strengthen economic ties, enhance investment opportunities, and firm up bilateral cooperation between the two countries.Samsung Q3 profit to soar 30%
The company expects its operating profits at 15.8 trillionIran-SKorea row worsens over oil billions frozen by US sanctions
Tehran threatens Seoul with legal action unless it releases more than $7 billion in funds for oil shipments. Iran was South Korea's third-largest Middle Eastern trade partner before the US unilaterally withdrew from a 2015 nuclear deal and reimposed crippling sanctions.Iran to let women fans into football stadium after gap
Women spectators will be allowed to see a football match in Iran for the first time in two years.Iran bans LG and Samsung home appliances
The import of home appliances made by these two South Korean companies is now banned by Iran, following an apparent request from local manufacturers, who may now ramp up production of similar products indigenously.Hyundai speeds up auto roll-out
Hyundai is stepping up the pace of developing hydrogen technology and plans to offer engines powered by the fuel on all its vehicles from 2028, the manufacturer said on Tuesday.South Korea mulls reviving FTA talks with GCC
The two sides have not had a mutual FTA for more than 10 years now.Samsung announces $205 billion investment plan
The tech giant is South Korea's largest conglomerate and its overall turnover is equivalent to a fifth of the national gross domestic productDale Ventures acquires majority stake in X-Golf Entertainment
X-Golf Entertainment plans to launch Middle East's first large-scale urban golf club and sports bar Company's technology allows participants to play 18 holes on the world's top courses Global investment firm Dale Ventures has acquired a majority share in Dubai-based X-Golf Entertainment and will support the company launch its flagship...


























