Dubai Economy has witnessed a 63 percent year-on-year increase in trademark files registrated, says the Commercial Compliance and Consumer Protection sector, CCCP. The results are based on the data generated on the CCCP “IP Gateway” portal during the first six months of 2019.
The results indicate a high level of confidence in the emirate’s ability to protect Intellectual Property, IP, and enable local and global businesses to grow sustainably, CCCP said in a statement.
There are total 4,735 brands registered on the portal by the trademark owners worldwide, while commercial agencies registered another 29 in the first half of 2019.
Also, 186 cases relating to trademark infringements in H1 of 2019 have been resolved by the IP Protection section at the Dubai Economy.
There is a 23 percent increase compared to the 151 cases registered during the same period in 2018.
Commercial agencies brought forth 16 cases of trademark infringement in the first six months of 2019, which also reported a 33 percent increase over the same period in 2018.
“The significant increase in the number of files registered over the first half of this year reflects the strength of the retail sector in Dubai, as well as the purchasing power of residents and competition among brands. We are delighted that the Commercial Compliance and Consumer Protection sector is instrumental in enhancing the reputation and economic status of Dubai as a global city,” said Mohammed Ali Rashid Lootah, CEO of the CCCP.
The top five countries among the trademark files opened in the first six months of 2019 were the United States (1,482 files, representing 29 percent of the total), the UAE (742 files, 14.8 percent of the total), Germany (325 files, or 7.0 percent), France (273 files, or 5.2 percent), and the UK (260 files, 5 percent).