UAE Witnesses Notable Growth In Intellectual Property Registrations

UAE's Ministry of Economy has announced a major growth in intellectual property (IP) registrations in the country during the first nine months of this year. The registration of trademarks, patents, and utility certificates witnessed notable increases, demonstrating progress in supporting R&D and entrepreneurship across economic and scientific sectors.

In the first nine months of 2024, IP registrations in the UAE increased by 34.3%, with trademark registrations up by 39.12% and patents, utility certificates, and industrial designs increasing by 8% compared to the same period previous year. According to Emirates News Agency report, demand for IP registration has grown across multiple sectors, with 1,946 applications received by the Ministry, marking a 53.23% increase over last year's 1,270 applications.

As of September 2024, the country attracted 18,175 new trademarks, a 39% increase from the previous year. UAE's Ministry of Economy received 24,258 trademark registration applications and 8,171 trademark inquiries, bringing the total trademarks active in UAE markets to 356,408. The data also indicate an 8% increase in registered patents, utility certificates, and industrial designs, reaching a total of 15,051 by the end of September 2024.