Page 491 - 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
H.E. Al Muaini pointed out that the UAE remains steadfast in its

commitment to providing all enablers needed to facilitate the

registration of creative works, patents, and trademarks inside the

country. The UAE keeps pace with global developments in this regard

besides aligning its policies with international best practices in

coordination with leading global organizations, thus encouraging

innovators to generate new ideas that support the growth and

advancement of the society and the economy alike.

The forum discussed several topics related to the UAE’s video games

industry, including the key role of IP in developing this fast-growing

sector, and how national regulations and policies governing the

sector should keep up with the rapid pace of technological

advancements.

Furthermore, it explored the distribution and digital marketing

agreements, licenses needed to access international markets, the

monetization of intangible assets, the means to address copyright

violations in video games, and the role of AI and its impact on future

innovations in the industry.

UAE provides an incubating ecosystem for innovation and creativity

The UAE has successfully established an incubating environment for

innovation and creativity through the introduction of several policies

and regulations and has positioned itself as a regional and

international hub for pioneering projects and innovative ideas. The

number of software classifications of computer programs and games

registered in the country currently total 1,610, and the Ministry saw

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