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5/6/24, 8:58 AM               Ministry of Economy raises awareness on IP rights in creative industries in UAE – The UAE Press
        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 crucial role played by intellectual property in supporting and

        sustaining the national economy. It also underscores the UAE and MoEc’s

        commitment to providing enablers and opportunities for talents and owners of

        innovative ideas, facilitating 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

        recognises the importance of innovation and intellectual property in driving
        this trend forward, in line with this year’s IP Day theme. Moreover, these


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