SEOUL / WAM The UAE Ministry of Economy has signed a Memorandum of Understanding, MoU, with the South Korean Intellectual Property Office, which stipulates that the latter will serve as the “International Research Administration” and the “International Preliminary Examining Service for International Patent Applications in the UAE,” under the WIPO Patent Cooperation Treaty. Both sides also signed another MoU related ...

Abu Dhabi / WAM Central Bank of the UAE (CBUAE), has issued a circular to banks regarding the issuance of cheque books as part of its ongoing efforts to improve responsible lending practices by banks. Before issuing customers with cheque books, banks are now required to carry out checks with the Al Etihad Credit Bureau (AECB), to ensure the creditworthiness ...

Abu Dhabi / WAM The National Food Security Strategy in the UAE aims to develop a comprehensive system, which aims to achieve sustainable food production. The system will involve 38 short and long-term initiatives, as per the “2051 Vision” and “2021 Work Agenda.” Many specialist newspapers highlighted the UAE’s plans and projects that aim to attract major investment in vertical ...