Page 46 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2
P. 46

Press Release



                  Ministry of Economy signs agreement with Nissan Middle East to

                 raise community awareness about importance of IP protection and
                                         foster innovation and creativity


                               Community initiatives include fostering a culture of IP protection


               >> H.E. Bin Touq: The UAE has successfully developed a comprehensive ecosystem to protect

               IP rights. The agreement signifies a new milestone in strengthening the collaboration between
               the public and private sectors to promote creativity.


                   •  The  three-year  agreement  includes  awareness  initiatives  and  activities  aimed  at
                       creating  a  conducive  environment  that  promotes  innovation  and  creativity,  while
                       ensuring complete protection of IP rights.
                   •  The  agreement  safeguards  the  rights  of  innovators  and  creators  while  promoting
                       respect for IP rights across the community. It outlines the consequences of violating
                       these rights and highlights the need to comply with relevant legislation.
                   •  The  agreement  aligns  with  the  objectives  of  the  ‘The  Year  of  Community’  by
                       nurturing skills, sponsoring talents, and encouraging innovation in the UAE’s key
                       sectors.


               Abu Dhabi, 20 February 2025:

               The  Ministry  of  Economy  has  signed  an  agreement  with  Nissan  Middle  East  to  enhance
               collaboration in knowledge exchange and support initiatives aimed at advancing the protection of
               intellectual property (IP) rights. H.E. Abdulla Bin Touq Al Marri, Minister of Economy, witnessed
               the signing of the agreement by H.E. Dr. Abdulrahman Al Muaini, Assistant Undersecretary for
               Intellectual  Property  Rights  Sector  at  the  Ministry  of  Economy,  and  Thierry  Sabbagh,  Vice
               President and Managing Director of Nissan Middle East.

               This  three-year  partnership  underscores  a  shared  commitment  to  fostering  an  environment  of
               innovation and creativity while ensuring comprehensive protection for intellectual property rights.
               The  agreement  will  see  the  implementation  of  a  series  of  community  awareness  initiatives
               designed to cultivate a culture of IP rights protection, raise awareness about the importance of
               respecting these rights, and drive progress and creativity across diverse sectors.

               H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasised that the UAE, driven by
               the vision and guidance of its wise leadership, has successfully built a comprehensive ecosystem
               to safeguard IP rights in line with global practices. “This ecosystem stands as a crucial foundation
               for  building  a  creative  and  innovation-driven  knowledge  economy,  supported  by  successful
               partnerships  across all  the  UAE’s  sectors. The  agreement  marks  a  significant  step  forward in
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