In a performance that exceeds pre-Covid-19 levels

«Economy»: 11.78 thousand new trademarks were registered within 7 months

«Economy»: The government stimulus package boosted the activity of the trademark sector.

archival

The Ministry of Economy revealed the registration of 11,780 new brands in the UAE during the first seven months of this year 2022, at a rate of about 55.6 brands per day, to record a performance that exceeds before the “Covid-19” pandemic, and for the UAE to continue to consolidate its position as an investment center And a major commercial in the region and the world.

strong performance

The Trademarks Report for the month of July 2022, issued by the Ministry yesterday, showed that 1,031 trademarks were registered in the UAE last July, in continuation of the strong performance witnessed by the trademark sector, as a result of the country’s growing attractiveness, as a business, export and re-export center for the region and the world, especially in light of the ease Doing business, facilitating procedures for registering goods and services, and attracting facilities for corporate activities.

The report indicated that the trademarks registered last June included major sectors and fields of goods and services that were registered within the country and in the free zones. They also included local companies and major regional and international companies.

wide sectors

According to the report, the registered fields included wide-ranging and diverse sectors, foremost of which are technology and technology services, electronic dealing, travel and tourism, culture, pharmaceutical industries, laboratory tests and medical services, non-pharmaceutical pharmaceuticals, as well as the gas and liquefied gas sectors, banking, and asset management. Wholesale and retail trade, logistics, food and beverages, food supplements, restaurants and cafes, hotels, clothing, real estate development, real estate brokerage, real estate management, chemicals, quarries, fee collection and education, building materials, investment, general trading, automobiles and its services, Electronics, telephones, legal advice and law, translation and media, trade in sterilizers and disinfectants, cosmetics and perfumes, watches, personal care products, games and entertainment services.

destination for trade

This large and growing activity in the registered trademark sector supports the country as a regional and global center for major companies based in the UAE for production and manufacturing, in free zones, and export to various countries of the world. It also supports its position as a major destination for retail trade and various shopping brands, especially With the high demand for goods and services.

The momentum witnessed by the trademark sector in the country reflects the opening of new local companies and the creation of new activities for the already existing companies, as well as the continued entry of major international companies into the local market, whether through the opening of regional headquarters in the country, or through national or foreign agents. .

stimulus package

According to the ministry, the package of incentives launched by the federal government during the past months has contributed to enhancing the activity of the trademark sector and other sectors, so that the state maintains its position as the most attractive and competitive investment environment in the region and globally after fully recovering from the repercussions of the "Covid-19" pandemic. .

The large and growing activity in the registered trademark sector supports the country as a regional and global center for major companies. 

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