Page 831 - MOE ENGLISH PR REPORT - JANUARY 2025

1/16/25, 1:29 PM Ministry of Economy launches ‘Patent Hive' initiative to support inventors in patent registration and strengthen UAE's global competi…
process, the initiative aims to drive a significant increase in the number of patents
registered in the UAE, enhancing the nation's competitiveness on regional and global
fronts in innovation and creativity.

The initiative was introduced during an event organised by the Ministry of Economy,

bringing together representatives from universities and research centers to discuss
strategies for supporting the initiative. The event emphasised the critical role of
public-private sector collaboration in achieving the initiative's objectives and explored

opportunities to engage students, innovators, and scientific research centers through
tailored incentives and partnerships.

H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy,
emphasised that, under the visionary guidance of the UAE's wise leadership, the
country has made significant strides in advancing the intellectual property (IP) sector,

a vital cornerstone for driving the growth of the national economy. The UAE has
actively created a conducive environment for IP protection in different fields, with a

particular focus on adhering to best global practices in patent registration and
documentation. Additionally, the country has offered several supportive enablers and
facilities to foster innovation, research, and development-based initiatives.

H.E. Al Saleh said, “The Patent Hive initiative is a major step in the Ministry of
Economy's efforts to promote a conducive environment for creativity and innovation.

Designed to attract individuals with groundbreaking ideas and projects across key
economic sectors, the initiative aligns perfectly with the goals of the‘We the UAE

2031' Vision, which aims to position the UAE as a leading global hub for the new
economy. Additionally, the initiative seeks to solidify UAE's position among the top 15
countries on the Global Innovation Index (GII).”

This latest initiative comes as part of the IP ecosystem, launched by the Ministry at
the beginning of last year, in partnership with public and private sectors. This

ecosystem represents a crucial milestone in UAE's transition towards a knowledge-
driven, innovation-based economy.

The Patent Hive initiative encompasses a range of strategies designed to create a
comprehensive ecosystem that streamlines the process of patent registration. The
main objective of this endeavor is to reduce the time needed for patent registration

https://www.abudhabipr.com/m/pr.asp?pr=56939746 2/3