Latest news with #UAECircularEconomyCouncil
Zawya
18-04-2025
- Business
- Zawya
Economic Integration Committee reviews latest developments in the enhancement of economic legislation
Latest meeting chaired by H.E. Bin Touq evaluates progress made by the UAE Circular Economy Council Abu Dhabi: The Economic Integration Committee held its third meeting for the year 2025, chaired by H.E. Abdulla bin Touq Al Marri, Minister of Economy. It was attended by H.E. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, along with the directors general of the Economic Development Departments across the UAE. The meeting reviewed the latest developments in the advancement of several economic laws and their significance in enhancing the competitiveness of the UAE's business environment and supporting its transition towards a new economic model based on knowledge and innovation. Additionally, it assessed the progress made by the Committee in implementing the outcomes and recommendations from the second meeting of 2025. H.E. Bin Touq stated that the UAE, thanks to the directives of its wise leadership, has made significant strides in building an advanced economic legislative framework characterized by flexibility and stability. This ensures an ideal and attractive economic environment for investors, entrepreneurs, and business owners from around the world, boosting national economic growth. In this context, His Excellency highlighted the key role played by the Economic Integration Committee in continually enhancing the UAE's economic legislation and policies, adopting innovative national initiatives, and enhancing cooperation and coordination with partners at both federal and local levels. These efforts have ensured greater alignment and coherence across the country's legislative and regulatory landscape, given that the UAE has introduced over 30 economic laws and resolutions in the past four years. The Minister of Economy said: 'The UAE is ushering in a new phase focused on strengthening the competitiveness of its legislative environment in line with global best practices. This follows the Cabinet's approval of an integrated smart legislative system to guide the development of legislation and regulations across the UAE Government. Powered by artificial intelligence and advanced digital solutions, the system has enhanced the Committee's capabilities in proposing and developing economic legislation and policies, assessing their real-time impact on the business community, and streamlining coordination with relevant stakeholders in the country.' His Excellency explained that the new system will play a key role in achieving the national target outlined in the 'We the UAE 2031' vision, which is to make the UAE the first globally in developing proactive legislation for new economic sectors by the next decade. Other topics discussed by the Committee include developments in the legislative and executive framework for regulating and protecting competition in the UAE. Emphasis was placed on the importance of organizing workshops and seminars in collaboration with relevant local entities to raise awareness on the importance of enforcing competition laws and policies across various economic sectors and preventing monopolistic practices. These efforts are aimed at achieving economic balance in the market and protecting consumer rights. Furthermore, the latest Committee meeting reviewed the progress made by the UAE Circular Economy Council so far, most notably the adoption of 22 circular economy policies across four main sectors: manufacturing, food, infrastructure, and transport. It also includes the establishment of the Circular Economy Policy Committee and the formation of partnerships with the UAE private sector to drive growth in sustainable technologies, clean energy, and waste management. The Committee reiterated its commitment to ensuring the effective implementation of these policies and accelerating the transition to a circular economy model, which will help secure a more prosperous future for current and future generations while advancing the nation's vision to become the world's most prosperous society by the next decade.
Dubai Eye
06-02-2025
- Business
- Dubai Eye
UAE launches ‘Green Intellectual Property' roadmap
The UAE Ministry of Economy launched a roadmap on Thursday for "Green Intellectual Property (IP)" designed to foster innovation, accelerate technology localisation, and develop new projects in the new economy, environmental sustainability, and circular economy. The three-month roadmap will strengthen the competitiveness of the UAE's IP landscape and contribute to its progress and prosperity, supporting the country's directives to transition to a circular economy. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the UAE Circular Economy Council, said, "The UAE has succeeded in adopting qualitative initiatives and projects for the intellectual property sector, positioning it as one of the key pillars for building a strong and sustainable national economy." Al Marri added the roadmap is a new step to raise awareness on the importance of adopting green technology and innovation to provide superior services and products that serve the community, as well as enhancing the UAE's attractiveness to green and sustainable innovations, in line with the We the UAE 2031 vision. He added, "The new roadmap for Green IP is particularly important as it coincides with the launch of this year's Innovation Month. We will collaborate with local environmental stakeholders in the country and the World Intellectual Property Organisation to implement all the objectives of this roadmap, providing more enablers and opportunities to motivate inventors and creators to develop sustainable innovations and projects in critical economic areas and sectors." Abdulla Ahmed Al Saleh, Undersecretary of the Ministry of Economy, highlighted that sustainability and environmental conservation have always remained an integral aspect of the UAE's cultural fabric throughout its history. He stated that the Ministry of Economy remains committed to supporting national projects aimed at promoting sustainability across various economic sectors, in line with the UAE's vision to build a sustainable and well-balanced economy that protects natural resources for future generations. He said, at a press briefing, "The new roadmap for Green IP aims to promote the adoption of leading digital solutions and advanced technology by individuals, organisations, and companies to produce sustainable products and services that contribute to environmental conservation. Following this roadmap, we are keen to forge new partnerships with the academia and research centres to integrate IP into sustainable innovations and protect the rights of eco-friendly projects and innovations." The Undersecretary continued, "This roadmap plays a vital role in fostering innovation and creativity in sustainable sectors, bolstering the UAE's competitiveness and elevating its standing in key global indicators, particularly in the Global Innovation Index (GII), where the UAE consistently maintains its regional and international prominence year after year." Furthermore, he highlighted the new roadmap's key objectives that the Ministry seeks to accomplish, including the introduction of a programme that will accelerate the registration of patents related to sustainable technologies and eco-friendly innovations. The aim is to raise the percentage of patent registrations for sustainable and environmental innovations to eight per cent of the total number of patent registrations in the country. The roadmap will strengthen the legal frameworks for protecting patents related to environmental sustainability, particularly given the continued growth in the number of patent applications submitted in the country, which reached approximately 3,622 in 2024. Al Saleh emphasised the UAE's accomplishments in establishing a robust and competitive legislative framework to foster the growth of this crucial sector. This framework encompasses the issuance of laws on the Protection of Industrial Property Rights, Trademarks, and Copyrights and Neighbouring Rights. The UAE is currently among the top countries globally in terms of IP and innovation, ranking first in the region in the Global Innovation Index (GII) 2024.
Hi Dubai
06-02-2025
- Business
- Hi Dubai
Ministry of Economy Unveils Green Intellectual Property Roadmap to Drive Sustainable Innovation
The UAE Ministry of Economy has launched a three-month roadmap for Green Intellectual Property (IP), aimed at fostering innovation, accelerating technology localisation, and strengthening the country's transition to a circular economy. This initiative is set to enhance the UAE's competitiveness in the IP sector while supporting national sustainability goals. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the UAE Circular Economy Council, highlighted the roadmap's significance, stating that it aligns with the country's "We the UAE 2031" vision. He emphasised the UAE's commitment to green technology adoption, ensuring the development of innovative and sustainable products that contribute to economic growth. The roadmap coincides with UAE Innovation Month and will involve collaboration with local environmental stakeholders and the World Intellectual Property Organisation (WIPO). The Ministry of Economy organised a media briefing in Dubai to outline its objectives, including raising awareness about Green IP and its role in strengthening the country's sustainability-driven economy. Abdulla Ahmed Al Saleh, Undersecretary of the Ministry of Economy, reiterated the UAE's long-standing commitment to sustainability, noting that patent registrations for sustainable technologies are set to increase to 8% of total national filings. In 2024 alone, 3,622 patent applications were submitted, demonstrating the country's growing emphasis on eco-friendly innovations. The roadmap also aims to fortify legal frameworks for protecting environmental patents, positioning the UAE as a regional leader in the Global Innovation Index (GII) 2024. With progressive IP regulations and a commitment to sustainable development, the UAE continues to establish itself as a global hub for green innovation and economic diversification. News Source: Emirates News Agency
Emirates 24/7
06-02-2025
- Business
- Emirates 24/7
UAE launches new roadmap for ‘Green Intellectual Property' to drive innovation
The Ministry of Economy launched a new roadmap for "Green Intellectual Property (IP)" designed to foster innovation, accelerate technology localisation, and develop new projects in the new economy, environmental sustainability, and circular economy. The three-month roadmap will strengthen the competitiveness of the UAE's IP landscape and contribute to its progress and prosperity, supporting the country's directives to transition to a circular economy. In this regard, Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the UAE Circular Economy Council, said, "Thanks to the forward-looking vision of its wise leadership, the UAE has succeeded in adopting qualitative initiatives and projects for the intellectual property sector, positioning it as one of the key pillars for building a strong and sustainable national economy. Al Marri added that the roadmap is a new step to raise awareness on the importance of adopting green technology and innovation to provide superior services and products that serve the community, as well as enhancing the UAE's attractiveness to green and sustainable innovations. These efforts help consolidate the country's position among the most innovative countries globally, in line with the 'We the UAE 2031' vision. He added, "The new roadmap for Green IP is particularly important as it coincides with the launch of this year's Innovation Month. We will collaborate with local environmental stakeholders in the country and the World Intellectual Property Organisation to implement all the objectives of this roadmap, providing more enablers and opportunities to motivate inventors and creators to develop sustainable innovations and projects in critical economic areas and sectors." The Ministry of Economy organised a media briefing at its Dubai headquarters to shed light on the objectives of the new roadmap for Green IP and its vital role in supporting national efforts to promote innovations in the UAE's sustainable economy sectors. Abdulla Ahmed Al Saleh, Undersecretary of the Ministry of Economy, highlighted that sustainability and environmental conservation have always remained an integral aspect of the UAE's cultural fabric throughout its history. The nation's progress has been built upon the principles and foundations of sustainability, which have also reinforced its regional and global leadership in embracing eco-friendly initiatives and solutions. He stated that the Ministry of Economy remains committed to supporting national projects aimed at promoting sustainability across various economic sectors, in line with the UAE's vision to build a sustainable and well-balanced economy that protects natural resources for future generations. In his speech at the session, he said, "The new roadmap for Green IP aims to promote the adoption of leading digital solutions and advanced technology by individuals, organisations, and companies to produce sustainable products and services that contribute to environmental conservation. Following this roadmap, we are keen to forge new partnerships with the academia and research centres to integrate IP into sustainable innovations and protect the rights of eco-friendly projects and innovations." The Undersecretary continued, "This roadmap plays a vital role in fostering innovation and creativity in sustainable sectors, bolstering the UAE's competitiveness and elevating its standing in key global indicators, particularly in the Global Innovation Index (GII), where the UAE consistently maintains its regional and international prominence year after year." Furthermore, he highlighted the new roadmap's key objectives that the Ministry seeks to accomplish, including the introduction of a programme that will accelerate the registration of patents related to sustainable technologies and eco-friendly innovations. The aim is to raise the percentage of patent registrations for sustainable and environmental innovations to eight per cent of the total number of patent registrations in the country. Furthermore, it will strengthen the legal frameworks for protecting patents related to environmental sustainability, particularly given the continued growth in the number of patent applications submitted in the country, which reached approximately 3,622 in 2024. Al Saleh emphasised the UAE's accomplishments in establishing a robust and competitive legislative framework to foster the growth of this crucial sector. This framework encompasses the issuance of laws on the Protection of Industrial Property Rights, Trademarks, and Copyrights and Neighbouring Rights. The UAE is currently among the top countries globally in terms of IP and innovation, ranking first in the region in the Global Innovation Index (GII) 2024. Follow Emirates 24|7 on Google News.
Zawya
06-02-2025
- Business
- Zawya
UAE launches new roadmap for ‘Green Intellectual Property' to drive innovation
ABU DHABI - The Ministry of Economy launched a new roadmap for "Green Intellectual Property (IP)" designed to foster innovation, accelerate technology localisation, and develop new projects in the new economy, environmental sustainability, and circular economy. The three-month roadmap will strengthen the competitiveness of the UAE's IP landscape and contribute to its progress and prosperity, supporting the country's directives to transition to a circular economy. In this regard, Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the UAE Circular Economy Council, said, "Thanks to the forward-looking vision of its wise leadership, the UAE has succeeded in adopting qualitative initiatives and projects for the intellectual property sector, positioning it as one of the key pillars for building a strong and sustainable national economy. Al Marri added that the roadmap is a new step to raise awareness on the importance of adopting green technology and innovation to provide superior services and products that serve the community, as well as enhancing the UAE's attractiveness to green and sustainable innovations. These efforts help consolidate the country's position among the most innovative countries globally, in line with the 'We the UAE 2031' vision. He added, "The new roadmap for Green IP is particularly important as it coincides with the launch of this year's Innovation Month. We will collaborate with local environmental stakeholders in the country and the World Intellectual Property Organisation to implement all the objectives of this roadmap, providing more enablers and opportunities to motivate inventors and creators to develop sustainable innovations and projects in critical economic areas and sectors." The Ministry of Economy organised a media briefing at its Dubai headquarters to shed light on the objectives of the new roadmap for Green IP and its vital role in supporting national efforts to promote innovations in the UAE's sustainable economy sectors. Abdulla Ahmed Al Saleh, Undersecretary of the Ministry of Economy, highlighted that sustainability and environmental conservation have always remained an integral aspect of the UAE's cultural fabric throughout its history. The nation's progress has been built upon the principles and foundations of sustainability, which have also reinforced its regional and global leadership in embracing eco-friendly initiatives and solutions. He stated that the Ministry of Economy remains committed to supporting national projects aimed at promoting sustainability across various economic sectors, in line with the UAE's vision to build a sustainable and well-balanced economy that protects natural resources for future generations. In his speech at the session, he said, "The new roadmap for Green IP aims to promote the adoption of leading digital solutions and advanced technology by individuals, organisations, and companies to produce sustainable products and services that contribute to environmental conservation. Following this roadmap, we are keen to forge new partnerships with the academia and research centres to integrate IP into sustainable innovations and protect the rights of eco-friendly projects and innovations." The Undersecretary continued, "This roadmap plays a vital role in fostering innovation and creativity in sustainable sectors, bolstering the UAE's competitiveness and elevating its standing in key global indicators, particularly in the Global Innovation Index (GII), where the UAE consistently maintains its regional and international prominence year after year." Furthermore, he highlighted the new roadmap's key objectives that the Ministry seeks to accomplish, including the introduction of a programme that will accelerate the registration of patents related to sustainable technologies and eco-friendly innovations. The aim is to raise the percentage of patent registrations for sustainable and environmental innovations to eight per cent of the total number of patent registrations in the country. Furthermore, it will strengthen the legal frameworks for protecting patents related to environmental sustainability, particularly given the continued growth in the number of patent applications submitted in the country, which reached approximately 3,622 in 2024. Al Saleh emphasised the UAE's accomplishments in establishing a robust and competitive legislative framework to foster the growth of this crucial sector. This framework encompasses the issuance of laws on the Protection of Industrial Property Rights, Trademarks, and Copyrights and Neighbouring Rights. The UAE is currently among the top countries globally in terms of IP and innovation, ranking first in the region in the Global Innovation Index (GII) 2024.
