The delegation was received by Abdullatif Almulla, CEO of TECOM Investments at Dubai Internet city.
After receiving a brief presentation on TECOM Investments and its role in developing the knowledge based economy in Dubai, the delegation discussed possibilities of collaboration between TECOM Investments and South Korean businesses.
Almulla said: "As part of our ongoing efforts to both support our business partners and expand our reach, TECOM Investments is always on the lookout for partnerships and alliances with leading companies across the world
"As one of the world's most technologically-advanced and digitally connected countries, South Korea can strengthen their foothold and further develop the bilateral economic cooperation with the UAE at TECOM Investments."
Both South Korea and the UAE are located at points of strategic importance in Northeast Asia and the Middle East and are emerging as economic hubs in each region respectively. South Korea is in effect, an important trading partner in the Middle East where trade volume between the two countries has steadily increased, reaching US$12.7 billion in 2005.
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TECOM Investments seek closer ties with South Korea
- United Arab Emirates: Saturday, May 19 - 2007 at 11:51
- PRESS RELEASE
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TECOM Investments hosted a high-level delegation from South Korea, led by the former Mayor of Seoul, Myung Bak Lee as a mission to build economic and investment ties between Dubai and South Korea.
From right to left: Myung Bak, former Mayor of Seoul and Abdullatif Almulla, CEO of TECOM Investments.
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Posted by Lara Lynn Golden, News EditorSaturday, May 19 - 2007 at 11:51 UAE local time (GMT+4)
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For more information:
Rami Adwan
PR Associate Account Manager
JiWiN (the Public Relations arm of Dubai Press Club)
Tel : 04-3613586
About TECOM Investments
A subsidiary of Dubai Holding, TECOM Investments started with the aim of developing the knowledge-based economy in Dubai. This aim addresses a variety of industry sectors including telecom, media and technology park development. To achieve the ambition of developing the knowledge economy, TECOM successfully initiated a cluster approach in order to tackle each defined component of the knowledge-centric service offering. The clustered approach proved successful not just in the information and communication technology industry but also in media, education, and biotechnology sectors. TECOM first launched its telecom operations in 2000 with what was the region's first commercial deployment of converged services over a single IP network, offering a range of corporate and residential services, including IP triple play (TV, telephony and broadband internet). TECOM recently announced the acquisition of a 35% stake in Tunisie Telecom. TECOM's other telecom investments include a Axiom, the largest mobile distributor in the Middle East, and Interoute, a next generation IP network connecting together most countries in Europe.
Rami Adwan
PR Associate Account Manager
JiWiN (the Public Relations arm of Dubai Press Club)
Tel : 04-3613586
About TECOM Investments
A subsidiary of Dubai Holding, TECOM Investments started with the aim of developing the knowledge-based economy in Dubai. This aim addresses a variety of industry sectors including telecom, media and technology park development. To achieve the ambition of developing the knowledge economy, TECOM successfully initiated a cluster approach in order to tackle each defined component of the knowledge-centric service offering. The clustered approach proved successful not just in the information and communication technology industry but also in media, education, and biotechnology sectors. TECOM first launched its telecom operations in 2000 with what was the region's first commercial deployment of converged services over a single IP network, offering a range of corporate and residential services, including IP triple play (TV, telephony and broadband internet). TECOM recently announced the acquisition of a 35% stake in Tunisie Telecom. TECOM's other telecom investments include a Axiom, the largest mobile distributor in the Middle East, and Interoute, a next generation IP network connecting together most countries in Europe.
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