Saba IP has signed a memorandum of understanding (MOU) with the Ras Al Khaimah Department of Economic Development (RAK DED) to combat commercial fraud and counterfeiting of trademarks. The agreement aims to implement the best practices and procedures to protect intellectual property rights while preserving the rights of consumers, brand owners and the economic interests of the Emirate and its investors.
The MOU between Saba IP and RAK DED includes regular training and education programs for public and private sector employees, as well as increased collaboration on enforcement efforts to stamp out commercial fraud and counterfeiting. The agreement reflects the shared commitment of both organizations to supporting the growth and development of the local economy by ensuring the protection of intellectual property rights.
“The protection of intellectual property is crucial for the continued growth and success of any economy,” said Ramzi Tarazi, Managing Shareholder of Saba IP. “We are honored to be partnering with the Ras Al Khaimah Department of Economic Development on this important initiative.”
RAK DED is the primary government agency responsible for promoting and regulating economic activity in the Emirate, with a focus on supporting local businesses and attracting foreign investment. “By working with Saba IP, we are taking a major step towards ensuring that intellectual property rights are protected,” said Faisal Alyoon, Director General of the RAK DED.
Saba IP provides the highest-quality services and solutions to its clients around the world, with a focus on helping businesses and individuals protect their IP rights and interests. Saba IP’s commitment to its clients and its highly skilled team of professionals makes it a trusted partner for organizations.
Read more about this update in Arabic on Emirates News Agency, Al Bayan, and Al Khaleej.
For more information on this collaboration, please contact Salah Samhouri at ssamhouri@sabaip.com or uae-enforcement@sabaip.com