Page 82 - MOE ENGLISH PR REPORT - JANUARY 2025
P. 82
Press Release
Ministry of Economy launches ‘Patent Hive’ initiative to support inventors in
patent registration and strengthen UAE’s global competitiveness in
innovation and creativity
The initiative was introduced during an event organised by the Ministry, in presence of
representatives from universities and research centers across the UAE.
>> Undersecretary of the Ministry of Economy: Under the visionary guidance of the UAE’s
wise leadership, the country has made significant strides in advancing the intellectual property (IP)
sector. The initiative offers a conducive environment for patent registration, aligning with the best
global practices.
Abu Dhabi, 7 January 2025:
The Ministry of Economy launched the ‘Patent Hive’ initiative to boost the approval rate of
patents, encourage innovation, and motivate talents to submit patent applications. By reducing
registration expenses and accelerating the patenting process, the initiative aims to drive a
significant increase in the number of patents registered in the UAE, enhancing the nation’s
competitiveness on regional and global fronts in innovation and creativity.
The initiative was introduced during an event organised by the Ministry of Economy, bringing
together representatives from universities and research centers to discuss strategies for supporting
the initiative. The event emphasised the critical role of public-private sector collaboration in
achieving the initiative’s objectives and explored opportunities to engage students, innovators, and
scientific research centers through tailored incentives and partnerships.
H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, emphasised
that, under the visionary guidance of the UAE’s wise leadership, the country has made significant
strides in advancing the intellectual property (IP) sector, a vital cornerstone for driving the growth
of the national economy. The UAE has actively created a conducive environment for IP protection
in different fields, with a particular focus on adhering to best global practices in patent registration
and documentation. Additionally, the country has offered several supportive enablers and facilities
to foster innovation, research, and development-based initiatives.
H.E. Al Saleh said, “The Patent Hive initiative is a major step in the Ministry of Economy’s
efforts to promote a conducive environment for creativity and innovation. Designed to attract
individuals with groundbreaking ideas and projects across key economic sectors, the initiative
aligns perfectly with the goals of the‘We the UAE 2031’ Vision, which aims to position the UAE