The country's position supports a regional and global center for major companies

"Economy": 16.27 thousand new brands in the UAE during 2022

"The Economy": Branding activity supports the UAE and a major destination for retail trade.

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The Ministry of Economy revealed the registration of 16,273 new trademarks in the UAE during the year 2022, as the country continues to consolidate its position as a major investment and commercial center in the region and the world, in light of the ease of doing business and the attractive facilities for companies to establish their businesses.

The Ministry stated that the trademarks registered during the year 2022 witnessed a great diversity, and included hundreds of sectors and fields, whether traditional or new, registered by local, regional, and foreign companies, within the country, or in free zones.

 The most prominent trademarks registered in the year 2022 focused on several areas, most notably: technology, electronic and digital transformation, food industry and trade, wholesale and retail trade, tourism, agriculture, industry, hospitality, banking, general trade, communications, oil, electronics, real estate, services. Health care and medicines, metaverse.

It also included water, the automotive sector and its services, spare parts and tires, organizing events, as well as restaurants and cafes, perfumes, clothing, jewelry, cosmetics, consulting and training services, and sports.

The Ministry stated in a recent report that 563 new trademarks were registered during December 2022, covering a large number of sectors and fields in the country, some of which are “commodity” and the other “service”. It also included major local, regional and international companies, governmental, semi-governmental and private.

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

This great activity in the registered trademark sector supports the position of the UAE as a regional and global center for major companies that take the country as a preferred headquarters for production and manufacturing, and in free zones, to meet the needs of the local market, and for export and re-export. It also supports its position as a major destination for retail trade and shopping brands. The various sectors, especially with the high demand for various goods and services, as a result of the high standard of living of the population, and the attraction of visitors and tourists.

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