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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
July – August 2013
Iran deposited its instrument of ratification on 4 July 2013 and will be bound by the PCT from 4 October 2013. Accordingly, this entitles Iran to be automatically designated for any international patent applications filed on or after 4 October 2013. As Iran will be subject to Chapter II of PCT, it will also be automatically designated in any demand for international preliminary examination which has been filed by an Applicant from 4 October 2013 onwards. The nationals and residents of Iran will also be allowed to file international applications from 4 October 2013.
Iran has now become the 148th contracting state of the PCT and the 13th country in the Middle East and North Africa (MENA) region to accede to the PCT. Other countries in the region include Algeria, Bahrain, Egypt, Libya, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, Tunisia and the UAE.
Iran has been a member of the Paris Convention for the Protection of Industrial Property since 1998. Iran is also signatory to various WIPO treaties related to intellectual property rights such as the Madrid Agreement and Madrid Protocol for Trademarks, Locarno Agreement for International Classification of Industrial Designs, Lisbon Agreement for the Protection of Appellations of Origin and their International Registration and the Strasbourg Agreement concerning the International Patent Classification.
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