In collaboration with Abu Dhabi Investment Office (ADIO), H2O Hospitality (H2O), a South Korean digital innovation company, has established its regional headquarters in Abu Dhabi.
ADIO provided H2O, which operates in the accommodation and leisure sector, with a comprehensive range of growth-enabling support, including financial incentives, setup enablement and connections to the Abu Dhabi ecosystem and international trade opportunities.
The move highlights the strong economic cooperation between South Korea and Abu Dhabi, which has become increasingly focussed on innovation and technology. In the past 10 years, South Korea has been ranked as the most innovative nation six times by the Bloomberg Innovation Index. Abu Dhabi was also named the smartest city in the Middle East and North Africa (MENA) region for 2023 in the IMD Smart City Index, released by the International Institute for Management Development (IMD).
Badr Al-Olama, Acting Director General of ADIO, said:…