Page 51 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

Press release

Ministry of Economy organizes ‘Qitaf’ exhibition to showcase

UAE’s accomplishments in IP sector and foster an innovation
ecosystem

Minister of Economy reviews groundbreaking projects by entrepreneurs and
inventors

Abu Dhabi, February 20, 2025:

The Ministry of Economy hosted the ‘Qitaf’ exhibition at its Dubai headquarters to showcase the
UAE's accomplishments in the field of intellectual property (IP) across various sectors and
activities, and strengthen partnerships among inventors, innovators, and entrepreneurs. The launch
event was attended by H.E. Abdulla bin Touq Al Marri, Minister of Economy, H.E. Abdulla Al
Saleh, Undersecretary of the Ministry, H.E. Lieutenant General Mohammed Ahmed Al Marri,
Director General of the General Directorate of Residency and Foreigners Affairs in Dubai, and
H.E. Dr. Abdulrahman Al Muaini, Assistant Undersecretary for the Intellectual Property Sector at
the Ministry of Economy.

H.E. Bin Touq emphasized that the UAE has placed great importance on the IP sector’s
development, considering it one of the key drivers of the transition to a knowledge- and innovation-
based economy. To that end, the UAE has developed a comprehensive legislative and regulatory
ecosystem, offering the necessary tools and opportunities to help inventors, innovators, and
entrepreneurs grow their businesses. These efforts have in turn solidified the UAE’s position as a
global hub for talent and creative businesses.

H.E. said: "The Qitaf exhibition serves as a key platform to highlight the remarkable efforts and
achievements in the UAE’s IP sector over recent years. Notable among these is the launch of a
new IP ecosystem that encompasses 31 initiatives supporting innovation and creativity. In
addition, the UAE introduced the ‘Patent Incubator’ project to streamline the patent registration
process across its seven emirates. The country also launched a new roadmap for ‘Green IP’ to
foster innovation in circular economy solutions, environmental sustainability, and the emerging
economic landscape.”

His Excellency highlighted the remarkable outcomes of these initiatives in 2024, with the number
of trademark registrations showing a significant 89 per cent surge. Intellectual works demonstrated
robust growth at 26.5 per cent while patent grants experienced a notable 17.5 per cent growth,