By browsing on our website, you are agreeing to our cookies policy.

 
Shurooq aims to achieve social, cultural, environmental and economic development Shurooq aims to achieve social, cultural, environmental and economic development

Shurooq and REI Holding Strengthen Bilateral Investments

Sharjah Investment and Development Authority (Shurooq) signed a second memorandum of understanding (MoU) with South Korea’s global investment corporation REI Holding Group, to encourage bilateral investments, collaborate on industry information and expand business networks in both countries.

The agreement follows the recently announced MoU between Shurooq and REI’s Haewon Medical Foundation Sejong General Hospital to establish the first Korean hospital in Sharjah, and the visit of Moon Jae-in, president, South Korea, at a UAE-Korea Business Forum in March.

Moon highlighted his country’s commitment to expanding cooperation with the UAE in new sectors as both countries push ahead with strategic plans to further develop their economies.

Reinforcing that message, the Shurooq and REI Holding collaboration promotes the flow of economic information, statistics and trade data to facilitate trade contracts and activate joint projects.