UAE and South Korea forge deeper economic and political ties



SEOUL // Key political, economic and academic figures from the Arab world and South Korea are to meet on Wednesday to discuss ways to strengthen relations and address challenges.

The 10th annual Korea-Middle East Cooperation Forum is this year being held under the theme “Meeting Global Challenges through Partnership” to reflect the ongoing challenges being faced across the globe, said Moon Tae-Young, president of the Jeju Peace Institute, the co-host of the event.

“While we are geographically apart, Korea and the Middle East face many common challenges in today’s interconnected world,” he said. “In fact, in this age of cyberspace, there is no such thing as geographical distance.

“We are together and one, wherever we are located, and face common challenges.”

Nuclear programmes in North Korea and Iran are threats to peace and security at both regional and global levels, he said, while cyber attacks and youth unemployment are challenges that not only Korea and Arab countries face but also the entire world.

The cooperation forum is being co-hosted by the Korea-Arab Society and the Emirates Centre for Strategic Studies and Research (ECSSR) and is sponsored by Korea’s ministry of foreign affairs and trade.

Ahmed Al Astad, head of the conference department at ECSSR, said: “We can learn a lot from Korea and they from us.”

As well as a burgeoning relationship with the wider Middle East and the UAE, Seoul and Abu Dhabi have woven closer political and economic ties since Lee Myung-bak, the South Korean president, came to the capital in December 2009 to seal a US$20 billion (Dh73.5bn) deal for four nuclear reactors. The first steps are currently being taken to build Barakah Unit 2 in Al Gharbia.

Mr Al Astad said nuclear power and oil are the foundations of the relationship between the UAE and South Korea but that it is now expanding to many other areas, from politics and the economy to culture and people-to-people exchanges.

“Nuclear power and oil – these are the traditional ties,” he said. “Now, we are looking forward.”

Areas that the forum hopes to nurture are helping young people and building healthcare systems.

“Health tourism is very important and the UAE and Korea has a healthcare service that can be mutually beneficial to each other,” Mr Al Astad said.

During the forum, participants will exchange views on economic cooperation, geopolitical challenges and cultural exchanges.

Among those addressing the event are Mr Tae-Young, Yun Byung-se, South Korea’s foreign affairs minister, Dr Jamal Sanad Al Suwaidi, director general of ECSSR, and Mohammed Al Khadar, executive director of the Abu Dhabi Urban Planning Council.

Having started in Cairo, Egypt, in 2003, the Korea-Middle East Cooperation Forum has been held annually in Korea and Middle Eastern countries for the past 10 years under various themes to promote relations between the regions.

The forum was last held in Abu Dhabi.

“We should be proud that Korea and Arab countries are among the few in modern history which have overcome economic difficulties and poverty and also that their relations have become strong and robust,” said Mr Tae-Young.

“As our cooperation expands beyond our respective regions, strong partnership between Korea and Arab countries will be more valuable than ever, and collective wisdom will be more useful than ever.”

The forum will be held on Wednesday at the Millennium Seoul Hilton.

jbell@thenational.ae

Key figures in the life of the fort

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.

Sources: Jayanti Maitra, www.adach.ae

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

COMPANY PROFILE

Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
The biog

Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5