GCC IP Training Centre webinar on “The Importance of Intellectual Property and its Economic Impact on the Public and Private Sectors”

Gulf BPG members attended a webinar titled “The Importance of Intellectual Property and Its Economic Impact on the Public and Private Sectors,” organized by The GCC Intellectual Property Training Centre. This webinar highlighted the critical role intellectual property (IP) plays in today’s economy and its significance for both public and private sectors.

Eng. Rashid Al Owehan, the Controller of Trademarks and Patents at the Ministry of Commerce and Industry in Kuwait provided valuable insights into how intellectual property can drive innovation and economic growth.

He emphasized that strong IP protection encourages creativity and investment, benefiting not only individual businesses but also the broader economy. Eng. Al Owehan discussed the various forms of intellectual property, including trademarks, patents, and copyrights, and explained their relevance in safeguarding innovations and ensuring fair competition in the market.