Page 222 - MOE ENGLISH PR REPORT - JANUARY 2024

1/25/24, 8:45 AM Ministry of Economy unveils two new projects - WriteCaliber
Ministry of Economy unveils two new projects

Date: 24-Jan-2024

Source: Zawya

Sector: Financial Services

Country: UAE

Who else needs to know?

- Launch held in the presence of more than 150 participants including representatives from a

number of federal and local government entities

Abu Dhabi:

The Ministry of Economy unveiled two new initiatives in the Intellectual Property (IP) and
entrepreneurship sectors, strengthening the UAE’s efforts to develop the IP and innovation

landscape and stimulate the growth of startups and SMEs in the country. The first one is the

establishment of an ‘Intangible assets finance committee’ with the aim of providing necessary
financial support and financing to SMEs and startups. The second project named ‘Patent

Incubator’ is designed to provide a more encouraging and supportive environment for

intellectuals and talents in the country.

The announcement was made during an event organized by the Ministry, in the presence of
H.E. Dr. Abdulrahman Hassan Al Muaini, Assistant Undersecretary of the Ministry of Economy

for the Intellectual Property Sector, representatives of several federal and local government
entities and the private sector in the country. More than 150 participants, including those from

the Ministry of Industry and Advanced Technology and the Abu Dhabi Department of Economic

Development, Abu Dhabi Executive Office, Ajman Department of Economic Development,
Advanced Technology Research Council (ATRC), Civil Defense-Dubai, and Dubai Customs

attended the event.

https://news.writecaliber.com/financial-services-united-arab-emirates-ministry-of-economy-unveils-two-new-projects/ 1/2