Page 59 - MOE ENGLISH PR REPORT - OCTOBER 2024

Press Release

entrepreneurship, innovation, research, and development, while also attracting talented
individuals, entrepreneurs and innovators from around the world. Additionally, it ensures robust
protection of the innovators and creators’ rights. These efforts support the achievement of the
larger goals outlined in the ‘We the UAE 2031’ vision, which seek to position the UAE as a global
hub for the new economy, one of the top 10 global destinations for talent in various strategic
sectors, and one of the top 15 in the Global Innovation Index (GII).

H.E. Bin Touq said: “The inaugural edition of the Future of IP Forum provides a valuable
opportunity to unify the efforts of the public and private sectors as well as the international bodies
concerned with the field. The forum’s primary objective is to strengthen the role of the IP sector
in fostering the growth and development of various business landscapes. Additionally, it aims to
create a comprehensive framework for addressing global challenges associated with the
implementation of IP protection policies and regulations.”

In his speech, H.E. reviewed the key developments in the UAE’s efforts to ensure IP rights
protection. These include the promulgation of three new legislations: the Trademarks Law, the
Copyright and Neighbouring Rights Law, and the Industrial Property Rights Regulation and
Protection Law. Additionally, a comprehensive system of IP initiatives was launched, comprised
of 31 diverse initiatives to protect IP rights across different sectors. H.E. also emphasised the
country's commitment to engaging with the global community in this regard by joining key
international agreements on IP protection such as the ‘Nice Agreement’, the ‘Madrid Protocol’,
the ‘Budapest Treaty’, and the ‘Strasbourg Agreement’. These endeavours have reinforced the
UAE's position as a leading hub for IP and innovation in the region.

H.E. Lieutenant General Dhahi Khalfan, Deputy Chief of Police and Public Security in Dubai,
confirmed that the UAE, thanks to the vision of its wise leadership, continues to lead in the
adoption of latest technologies and supporting innovation to achieve the national goal of becoming
a global hub for innovation and technology. This is complemented by the introduction of new
legislative and legal frameworks that align with this vision, as the country has made significant
strides in the development of IP laws that address the new challenges posed by technology
advancements. Furthermore, he highlighted the opportunity for further progress in light of
advancements in digital technology, particularly the proliferation of AI and Blockchain
applications, which necessitate modern and effective frameworks for IP protection.

H.E. Dhahi Khalfan said: “We need to adopt an inclusive approach that considers the economic,
social, and cultural dimensions, while also continuing to develop educational and training systems
that support innovators and entrepreneurs in this digital age. This approach should provide the
necessary tools to leverage technology whilst protecting their intellectual property rights.
Moreover, strategies must be established to enhance the role of digital innovation in promoting
diversity and increasing community awareness on IP rights protection.”

The forum felicitated several partners and entities in the sector, in appreciation of their continued
efforts towards its growth and prosperity, combating piracy, and protecting intellectual property