Page 108 - MOE ENGLISH PR - APRIL 2024

Ministry of Economy raises awareness

on IP rights in creative industries in UAE

Story by Hazem Hussein / Khoder Nashar

• 5d • 3 min read

ABU DHABI, 30th April, 2024 (WAM) -- 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 emphasised 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.

Abdullah Al Saleh, Under-Secretary 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
neighbouring 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.”

The Undersecretary explained that these initiatives have played a significant role
in fostering a national environment conducive to promoting intellectual property,
innovation and patents. MoEc received a total of 3,415 patent registration
applications in the past year alone, marking a notable increase of 19.5 per cent
compared to that of 2022. This surge in applications has resulted in a total of
over 5,000 patents being registered in the country.

Al Saleh added, “MoEc actively participates in celebrating the World Intellectual
Property Day considering it as a valuable opportunity to raise awareness on the

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