Page 840 - MOE ENGLISH PR REPORT - JANUARY 2025

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innovation, and motivate talents to submit patent applications. By reducing registration expenses and
accelerating the patenting 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 from 42 months to only 6 months. The initiative seeks to

increase the number of registered patents from 4,481 to 6,000 by 2026, reinforcing the UAE’s position as a
global hub for innovation.

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