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5/6/24, 8:58 AM Ministry of Economy hosts an array of events aimed at raising awareness on IP rights in creative industries & fostering an environm…
Ministry of Economy hosts an array of
events aimed at raising awareness on
IP rights in creative industries &
fostering an environment conducive to
innovation in the UAE
April 30, 2024 13
The Ministry of Economy (MoEc) hosted an array of events in connection with the World
Intellectual Property (IP) Day, celebrated this year under the theme ‘IP and SGDs: Building
Our Common Future with Innovation and Creativity.’ The initiative emphasized why IP
protection is key to the achievement of Sustainable Development Goals (SDGs) and is a
priority for the UAE in all sectors, particularly the economic one. It highlighted the proactive
approach adopted by the UAE in establishing a legislative and regulatory framework that
promotes IP rights and supports creators of ideas and entrepreneurial ventures in line with
global best practices.
H.E. Abdullah Al Saleh, Undersecretary of the Ministry of Economy, said: “Under the directives
of its wise leadership, the UAE has achieved remarkable success in establishing a leading legal
framework for IP. This framework adheres to the highest global standards and aims to
enhance the importance of knowledge and creativity in driving economic growth. The country
has enacted three laws on the regulation and protection of industrial property rights,
trademarks, copyrights, and neighboring rights. Furthermore, it has launched an integrated
system consisting of 11 initiatives that include all intellectual property applications. These
initiatives align with the nation’s vision to transition to an innovative and knowledge-based
economy model, while also fostering research and development.”
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