Page 107 - MOE ENGLISH PR - APRIL 2024

5/6/24, 8:58 AM PRESSR: Ministry of Economy hosts an array of events aimed at raising awareness on IP rights in creative industries — TradingVie…
the transformation of these ideas into profitable business ventures.

This, in turn, will play a vital role in supporting the private sector

and promoting sustainable practices in economic activities. It also

recognizes the importance of innovation and intellectual property in

driving this trend forward, in line with this year's IP Day theme.

Moreover, these efforts contribute to achieving the goals set by the

‘We the UAE 2031’ vision, to establish the country as a leading global

hub for the new economy, driven by innovation, creativity, and

entrepreneurship."

As part of the World IP Day 2024, MoEc hosted a series of

introductory seminars, workshops, and competitions from April 22 to

30. These events were all curated to increase awareness on national

laws and regulations pertaining to intellectual works and the

procedure to safeguard creative works, thus strengthening the role

of patents in supporting science and technology fields. Additionally,

these endeavors contributed to encouraging the transition towards

sustainability in the realm of intellectual works.

World IP Day is an annual global event celebrated on April 26,

bringing together countries, organizations, and institutions that are

involved in intellectual property matters. This event was initiated by

the World Intellectual Property Organization (WIPO), coinciding with

the organization’s establishment in 1970, with the aim of increasing

awareness on the significance of intellectual property rights. It also

serves as an occasion to promote awareness on various aspects of

intellectual property including trademarks, patents, industrial

designs, copyright, and creative industries.

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