Seoul Mayor Oh sets off for UAE to attend global FinTech Summit

Seoul Mayor Oh Se-hoon’s upcoming week-long trip to the UAE includes attending Dubai’s FinTech Summit and fostering a city partnership with Abu Dhabi, promoting Seoul’s economic innovation globally.

In the following week, Seoul Mayor Oh Se-hoon will embark on a seven-day trip to the United Arab Emirates (UAE). The mayor’s visit has dual purposes – to attend the Dubai FinTech Summit in Dubai and forge a city partnership with Abu Dhabi, the capital of the UAE.

Oh, will depart for Dubai on Sunday. He will deliver a keynote speech at the prestigious FinTech Summit on Monday highlighting Seoul’s position as a global centre for economic innovations. The mayor’s participation comes at the invitation of the event organisers.

After his engagements in Dubai, Oh will travel to Abu Dhabi to explore opportunities for establishing a city-level partnership between the two capitals. City officials expect this trip to strengthen Seoul’s global ties and promote the metropolis as an attractive destination for financial technology and economic progress.

During his visit to Dubai on Monday, Oh will deliver a keynote speech showcasing Seoul as a global economic innovator hub. He also plans to visit the Dubai Chamber of Commerce to sign a business cooperation agreement between the chamber and Seoul’s investment promotion agency, Seoul Invest. This agreement is expected to facilitate the opening of a Seoul branch by the Dubai Chamber of Commerce.

On Wednesday, the mayor will travel to Abu Dhabi to forge a city friendship pact with the UAE capital. This agreement aims to promote cooperation and exchange between the two cities on matters such as transportation, smart city development, and urban planning.

Rounding off his UAE tour on Thursday, Oh will visit Abu Dhabi’s Yas Island and Saadiyat Cultural District to gain insights into the city’s ambitious development projects, according to city officials in Seoul.

Through this multi-city visit, Mayor Oh aims to strengthen Seoul’s global financial technology profile, attract foreign investment, and explore avenues for collaboration with economically prosperous UAE cities.