Sheikh Mohammed bin Rashid met South Korea's President Yoon Suk Yeol. Photo: Sheikh Mohammed bin Rashid / Twitter
Sheikh Mohammed bin Rashid met South Korea's President Yoon Suk Yeol. Photo: Sheikh Mohammed bin Rashid / Twitter
Sheikh Mohammed bin Rashid met South Korea's President Yoon Suk Yeol. Photo: Sheikh Mohammed bin Rashid / Twitter
Sheikh Mohammed bin Rashid met South Korea's President Yoon Suk Yeol. Photo: Sheikh Mohammed bin Rashid / Twitter

Sheikh Mohammed bin Rashid meets Yoon Suk Yeol


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Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, met South Korea's President Yoon Suk Yeol on Tuesday.

During the meeting at Za’abeel Palace in Dubai, the leaders discussed the strong strategic partnership between South Korea and the UAE and explored new opportunities to expand ties in various spheres.

They also discussed regional and global issues and ways to expand co-operation, especially in the fields of investment, economy, science, culture, advanced technology, space exploration and renewable energy.

Sheikh Mohammed said relations between the UAE and South Korea have reached “unprecedented levels” with the signing of 26 new agreements.

“Our relations with [South Korea] are exemplary,” Sheikh Mohammed wrote on Twitter.

“In space, we co-operated in transferring knowledge. In energy, we built the largest nuclear plant in the world. In trade, we are their first Arab partner.

“We will support 26 new agreements signed to reach unprecedented levels of strategic co-operation.”

Sheikh Mohammed said he hoped the South Korean President’s visit to the UAE would further deepen the scope of co-operation between the two countries.

Mr Yoon said the growing ties between the two countries were based on mutual understanding and respect and shared values.

The South Korean President is in the UAE on a four-day official state visit.

He landed in Abu Dhabi on Saturday and was welcomed by President Sheikh Mohamed.

During a meeting at Sea Palace barza, Sheikh Mohamed said they had “fruitful discussions and witnessed the signing of several agreements”.

Mr Yoon on Monday attended Abu Dhabi Sustainability Week and visited the Barakah Nuclear Plant to mark the completion of Unit 3.

Sheikh Mohamed said that the partnership between the UAE and South Korea has brought significant benefits to both countries, enabling bilateral co-operation in a number of key sectors including nuclear energy.

“The relationship between the UAE and the Republic of Korea has been continuously strengthened through the decade-long collaboration in developing the Barakah Nuclear Energy Plant,” said Sheikh Mohamed.

The UAE and South Korea forged diplomatic ties in 1980, with relations flourishing in the decades since.

In 2009, the UAE awarded the contract for the construction of the Barakah plant to Korea Electric Power Company. During the peak of construction, it was the world's largest nuclear energy project.

In 2016, the Emirates Nuclear Energy Corporation and KEPCO signed an agreement to support the sustainable operations of the Barakah plant over the coming six decades of operations.

The nations have also worked in partnership in the space sector, pooling their expertise in satellites.

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Founders: Mohamed Al Fayed and Mohammed Hammedi

Launched: October 2019

Employees: 50

Financing stage: Seed round (raised $2 million)

 

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There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

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Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
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Sector: Water technology 
 
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2012-2015

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May 2017

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September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

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May 2025

The High Court of England and Wales approves the company’s restructuring plan

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The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

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November 2025

180 Petrofac employees laid off in the UAE

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The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
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Under ‘snapback’, measures imposed on Iran by the UN Security Council in six resolutions would be restored, including:

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Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

Updated: January 17, 2023, 11:32 AM