Page 228 - MOE ENGLISH PR REPORT - JANUARY 2024

1/26/24, 4:28 PM Pioneering intellectual property and entrepreneurship: UAE introduces two new initiatives
incorporate international best practices, strengthen the national model for SME financing, and provide diverse
avenues for their business growth. By doing so, the project reinforces the country’s status as an investment
environment that fosters production, growth, and encourages investors to endorse talented individuals and believe
in their ideas and innovations.

Meanwhile, the ‘Patent Incubator’ will contribute to increasing the registration rate of patents in research and
innovation centers. It will provide support to innovators, talented individuals, and creators by fostering synergy
with relevant sectors such as scientific research, intellectual property, and SMEs.

For more news on banking & finance, click here.

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