Page 52 - MOE ENGLISH PR - MAY 2024
P. 52

Press Release








               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.

               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 a 9.6 per cent increase in trademark applications in 2023 compared to that of
               2022, and a 29.5 per cent rise in the registration of intellectual works.

                                                             –    Ends  -

               For further information, please contact:

               Orient Planet Group (OPG)
               Tel:  +971 4 4562888
               Email: media@orientplanet.com
               Website: www.orientplanet.com


                                                              2
   47   48   49   50   51   52   53   54   55   56   57