With the aim of establishing a framework for cooperation in developing the media content industry

A memorandum of understanding between "Dubai Media" and the Korean "MSS".

  • Hasher bin Maktoum: "The Foundation stems from the vision of Dubai's leadership in the priority of building strategic partnerships."

  • Al-Mulla during the signing of the Memorandum of Understanding between Dubai Media and MSS.

    From the source

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Dubai Media Incorporated has signed a memorandum of understanding with the Ministry of Small and Medium Enterprises and Emerging Companies, known as "MSS", in the Republic of South Korea, aiming to establish a framework for cooperation between the two parties in developing the media content industry.

A delegation from "MSS", headed by the Deputy Minister of Small and Medium Enterprises and Emerging Companies in Korea, Jeongwook Lim, visited the headquarters of Dubai Media Corporation, to conclude the memorandum of understanding, in the presence of a number of senior officials of the ministry.

His Highness Sheikh Hasher bin Maktoum bin Juma Al Maktoum, Chairman of Dubai Media Incorporated, welcomed the signing of the Memorandum of Understanding, stressing that Dubai Media Incorporated from Dubai's vision in the priority of building effective strategic partnerships in various fields, which is what the Foundation seeks through this memorandum that paves the way for For fruitful cooperation with the Ministry of Small and Medium Enterprises and Startups in Korea.

He pointed to Dubai's keenness to share its rich experience in the media field, especially after it was able, with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to build a global position as a major media center that today includes thousands of companies specialized in various sectors. Media areas, as well as the main and regional headquarters of major Arab and international media institutions.

Speaking about the role of the MSS Ministry, Jongwook Lim said: “The Ministry supports startups, which account for 99% of all companies in South Korea.

This category of companies is also active in the media sector, as there are emerging companies that own and operate television channels, and other companies that manufacture Korean drama and lyrical content that has become globally popular through the YouTube platform, and other companies that are active in music broadcasting services.

In addition, we have startups that are active in technologies that serve media, such as engineering technologies.

Mohammed Sulaiman Al Mulla, CEO of the Dubai Media Corporation, said that this important memorandum comes within the corporation's strategic directions in expanding its partnerships with various international institutions and agencies working in the media field, which is what the corporation seeks in the framework of its development plans in the next stage, which His Highness directed. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, to promote the current media capabilities in Dubai and move them to higher competitive levels.

He added that the Foundation seeks through this memorandum, and other upcoming partnerships, to enhance horizons of cooperation and exchange of experiences, in order to ensure keeping abreast of the most important media developments on the professional and technical levels.

The delegation members watched a short presentation about the institution and its history.

Commenting on the presentation, Al-Mulla briefed the delegation members on the history of Dubai Media Corporation and its current role, and said: "The Foundation seeks to tell the best stories about Dubai, as befits its regional leadership in all fields, including the field of media."

Regarding the media content in South Korea, Al Mulla said: “Korean media content receives special attention in the Middle East region, especially the dramatic content, which was evident in the remarkable success achieved by the famous Korean series (The Squid Game) in the world, and the region was no exception. that".

Lim said, “South Korea has become the Hollywood of Asia.

We are very pleased with this cooperation with you.”

He added: «You talked about Dubai Media Corporation assuming the task of telling stories about Dubai, and we also have companies in Korea that are active in telling similar stories, such as the (web carton) company.

These companies in Korea have become like Marvel Studios in Hollywood, and the content they broadcast is very popular among the new generation.

Mohammed Al Mulla:

• “Expanding partnerships is a strategic direction for the institution in its upcoming development plans.”

Jungwook Lim:

• «South Korea has become the Hollywood of Asia».

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