KBIZ holds SME export consultation meeting in Dubai

S.Korean 50 small- and medium-sized enterprises participate in Korea Trade Fair, including medical devices and smart farming

KBIZ holds SME export consultation meeting in Dubai
Jeong-Seon Lee 1
2023-06-13 17:59:13 leeway@hankyung.com
Korean SMEs

A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.

The Korea Federation of Small and Medium Businesses (KBIZ) announced on Tuesday that it sent 50 outstanding SMEs in fields such as medical devices, skincare, beauty and smart farming to organize the Korea Trade Fair on June 12-13 in Dubai, United Arab Emirates (UAE).

The event was attended by tech startups, venture capital firms, accelerators and other entities interested in expanding into the Middle East. Over 140 buyers from the Gulf Cooperation Council countries were pre-invited and participated in export consultations.

"UAE is not only the country where Korean SMEs export the most in the Middle East but also a gateway to the African market," Chairman of KBIZ Kim Ki-mun said. "Through this export consultation meeting, I hope to strengthen collaboration between the two countries." 

Write to Jeong-Seon Lee at leeway@hankyung.com

S.Korea offers major support to online overseas shipments of 100 promising SMEs

S.Korea offers major support to online overseas shipments of 100 promising SMEs

South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire process of online overseas shipments by small and medium enterprises (SME), selecting 100 entities for this year.Up to 100 million won ($76,233) will go

Korea SMEs, Startups Agency cooperates with India's IIT

Korea SMEs, Startups Agency cooperates with India's IIT

Korea SMEs and Startups Agency The Korea SMEs and Startups Agency announced on Monday that it had signed a business agreement with the Foundation for Innovation and Technology Transfer (FITT) at the Indian Institutes of Technology in New Delhi, India, to support small- and medium-sized South Ko

Korean ministry, Incheon airport to develop distribution center for SMEs

Korean ministry, Incheon airport to develop distribution center for SMEs

The Korea SMEs and Startup Agency (KOSME) and Incheon International Airport Corp. (IIAC) on Wednesday announced their signing of a contract to build a joint distribution center at  the airport's second logistics complex.Their agreement seeks smooth implementation of the government's nat

KBIZ eyes value-added, senior loans for real estate

KBIZ eyes value-added, senior loans for real estate

Kim Tae-wan, real asset investment head of KBIZ, speaks during the LP session on real estate in ASK 2022 The Korea Federation of SMEs (KBIZ) bet on value-added and senior loans in global real estate investment this year, the institutional investors’ Real Asset Investment Head Kim Tae-wan

Korean SMEs post record-high exports in H1

Korean SMEs post record-high exports in H1

POMIT conducting smart farm feasibility tests in Kuwait (Courtesy of POMIT) Korea’s small- and medium-sized enterprises (SMEs) have posted their highest-ever first-half exports this year. The Ministry of SMEs and Startups said on July 21 that the amount of exports by the country’s S

(* comment hide *}