Page 490 - MOE ENGLISH PR - MAY 2024

5/28/24, 4:37 PM PRESSR: Ministry of Economy launches 2nd edition of IP & Video Games Forum in cooperation with WIPO — TradingView News
The initiative is part of a joint project by the Ministry and WIPO

lasting from 2023 to 2025 to enhance the use of intellectual property

in the creative and digital sectors in line with the objectives of the

National Strategy for the Cultural and Creative Industries. The

strategy seeks to promote the growth of the cultural and creative

industries to make it one of the top ten economic sectors in the

country and increase its contribution to the national GDP to five per

cent by 2031.

H.E. Dr Al Muaini said that the Forum is a valuable opportunity to

exchange experiences on safeguarding IP rights in technology and

creative industries, especially that of video games that have seen

significant advancements globally. These efforts are key to ensuring

a stimulative environment for innovation and creativity in this vital

sector and enhancing its role in national economy’s growth.

He said: “The UAE has placed great emphasis on developing its IP

sector over the recent years, establishing a safe legislative

environment for innovators and creative entrepreneurs according to

international best practices. The country has issued several

legislations with regard to intellectual property protection,

particularly the law on copyright and related rights. Moreover, a new

intellectual property system was introduced early this year to

further enhance the country’s innovation landscape and safeguard

creators' rights, not only in conventional sectors but also in all

emerging creative and technology domains including the video

games industry.

https://www.tradingview.com/news/reuters.com,2024-05-23:newsml_ZawbJtFZW:0-pressr-ministry-of-economy-launches-2nd-edition-of-ip-video-gam… 2/4