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Feb 11, 2024 (Newsletter Issue 2/24)
United Arab Emirates
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Launch of New IP Ecosystem

The Ministry of Economy of the United Arab Emirates launched a new Intellectual Property Ecosystem on February 7, 2024. It will help inventors and creators protect their concepts, attract more foreign direct investment to the country, and enhance the country's transition into a knowledge and innovation economy and develop an incubating national environment for Intellectual Property.
The newly launched IP system is aligned with the UAE's vision to become a global hub for innovation and creativity. The IP Ecosystem program is anchored by 11 initiatives, covering key economic and creative sectors of the UAE, including support for new technologies and student awareness programs.

Pillars of the new IP system

  • The system prioritises comprehensive protection for all forms of intellectual property, including trademarks, patents, and copyrights.
  • It aims to minimise infringement and empower innovators to secure their rights effectively.
  • Streamlined mechanisms for resolving IP disputes will be established.
  • User-friendly platforms and AI-powered solutions will facilitate registration and access to information.

For more details click here.