Page 599 - MOE ENGLISH PR REPORT - JULY 2024

7/12/24, 4:38 PM UAE participates in 65th Session of WIPO reviewing its efforts in building a competitive intellectual property protection system - Mid…
establish a collaborative framework between the UAE and Japan in the realm of intellectual property,
specifically focusing on patents, utility certificates, and industrial designs. The MoU was signed by H.E. Dr.

Abdulrahman Hassan Al Muaini, Assistant Undersecretary for IP Rights Sector at the Ministry of Economy,
and Mr. Hamano Koichi, JPO Commissioner.

The MoU signifies a key milestone in the UAE’s efforts to expand its international cooperation and foster
dialogue and collaboration with relevant global organizations and institutions in the field of IP. It will reinforce

the UAE’s position as a prominent hub for the new economy, while also striving for excellence and
competitiveness in innovation and IP rights protection. These efforts align with the objectives outlined in ‘We
the UAE 2031’ vision.

Under the terms of the MoU, spanning a period of five years, both sides will cooperate to share knowledge
about intellectual property systems and practices in line with international standards. Another objective is

combatting infringements on intellectual property rights of commercial goods. The partnership also includes
training and developing nationals, ensuring they stay well-informed about the latest technological
advancements and digital resources, thereby enhancing their understanding of contemporary intellectual

property practices.

The UAE has been actively working on strengthening its regional and international cooperation in IP rights

protection. This has been accomplished through its participation in various international agreements and
treaties such as the ‘Nice Agreement,’ and the ‘Madrid Protocol’. Additionally, the UAE has joined the
‘Budapest Treaty’, which plays a crucial role in supporting innovations and fostering a conducive environment

for scientific research related to microorganisms. The country has also acceded to the ‘Strasbourg
Agreement,’ which aims to promote and classify patents according to a standardized international
classification.

UAE’s IP sector witnesses continued growth

The UAE’s IP sector continues to experience growth with positive outcomes and indicators that reflect the
effectiveness of the economic legislation, initiatives, and projects launched and announced to develop and

enhance this vital sector over the past years.

In the first half of 2024, the Ministry of Economy recorded an increase in the registration of trademarks, with a

total of 15,319 trademarks being registered. This indicates a growth rate of 3.4 per cent compared to the
same timeframe in the previous year. In 2023, the overall number of registered trademarks reached 31,280,
reflecting a 16.5 per cent growth. Furthermore, the total number of trademarks in the UAE stood at 122,000

between the years 2019 and 2023.

In H1 2024, the UAE witnessed a 22 per cent growth in the registration of intellectual works compared to the

same period in 2023. The total number of intellectual works reached 2,517 last year with a 52 per cent
growth from 2022. The total number of intellectual works in the last five years amount to 10,087.

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