Celebrate World Intellectual Property Day & its role in reinforcing SMEs creating 89% job opportunities

• Dr. Maha Bekheet: "Intellectual property can be a powerful tool that leads to optimizing start-ups and maximizing their profitability.”
• Jihad Al Kharouf: “Baianat IP is dedicated to highlighting intellectual property’s necessity for the national economy, supporting Egypt’s strategy in the IP field.”
• Ahmed Alzourqani: “As SMEs are the engine of development, providing 89% of job opportunities in Egypt, we seek identifying the best procedures to be adopted by SMEs concerned with intellectual property.”

Cairo, - The Intellectual Property and Competitiveness Unit at the General Secretariat of the League of Arab States, in collaboration with Baianat IP, celebrated the World Intellectual Property Day. The conference, held at the premises of the Arab League’s General Secretariat in Cairo, is titled “Intellectual Property & SMEs: actualize your ideas in the market”. It witnessed various discussions on intellectual property’s prominence for SMEs, promoting its products’ value and competitiveness.

Dr. Maha Bekheet, the head of the Intellectual Property and Competitiveness Unit of the League of Arab States, said: "SMEs are the cornerstone of social and economic development, creating several job opportunities as a significant solution for unemployment. With knowledge and awareness, Intellectual property can be a powerful tool that leads to optimizing start-ups and maximizing their profitability.”

Mr. Jihad Al Kharouf, Partner & Manager at Baianat-IP, commented: “Aligning with our long commitment to raise awareness about intellectual property in all fields, we are dedicated to celebrate international IP day annually, focusing on different sectors. Baianat-IP also strives hard to make this event an opportunity to highlight intellectual property’s necessity for the national economy, in addition to gathering stakeholders to eliminate the gap between theory and application. We are proud to continue our leading role in supporting Egypt’s strategy in the IP field.”

Mr. Ahmed Alzourqani, Egypt Office Director at Baianat-IP, expressed his delight for shedding light on the issue of intellectual property in entrepreneurship, saying: “As SMEs are the engine of development, providing 89% of job opportunities in Egypt, we believe that ensuring rights of intellectual property is a priority to encourage innovation without fear. Building on the SMEs law 152 of 2020, offering various incentives for entrepreneurs, we seek identifying the best procedures to be adopted by SMEs concerned with intellectual property.”

The ceremony was attended by intellectual property officials and researchers from Egypt & other Arab countries. The sessions were introduced by leaders in the field, including Dr. Mahmoud Sakr, President of the Academy of Scientific Research and Technology, Dr. Heba Mostafa, Director of Innovation & Technology Affairs - Ministry of Foreign Affairs, and Dr. Maged Ghoneima, Manager of ASU Innovation Hub.

Baianat Intellectual Property has a rich history of specialty in Intellectual Property since 1964. We built a global heritage that encompasses many milestones along the way by establishing more than 23 offices in a different 17 countries, this was all driven by the strength and success of our founders and esteemed clients. We focus on a constant new way to optimize our workflow to collaborate and deliver more effectively with the combination of our strengths and full range of capabilities to help expand opportunities more. Diversity and Inclusion are our main pillars as they are supported by very well-established goals, and leadership management, including the massive importance of wellbeing and productivity.

© Press Release 2021