UAE is Expecting 20 Percent Rise in Patent Applications

The United Arab Emirates has introduced a new law concerning the industrial property in the region with the aim of boosting the confidence of investors and stimulating innovation. 

The country’s Ministry of Economy is expecting a rise in the number of patent applications by 20 percent in 2022 because of the announcement of this new law. The law aims to attract greater foreign investment in the UAE and provide ease for the ....