Welcome to the Saudi Arabia focus edition of Law Update.
One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.
This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.Read the edition
As part of the process of acceding to the WTO, Jordan has enacted its new Patent Law No. 71 of 2001 (the “Patent Law”), in accordance with the international standards which Jordan has been committed to through joining the TRIPs Agreement. This law also came to remedy the previous law (Patent Law No. 23 of 1999), which suffered ambiguity in several respects.
In general, the rules of the new Patent Law enjoy clarity and simplicity, and are well divided under various main subjects of the Patent Law. The main subjects are gradually headlined in the Patent Law as follows: Registration of the patent, Rights of the patentee, Licensing of inventions, Expiry and nullification of patents, Industrial property registration agents, Crimes and penalties, the Precautionary measures, and Closing rules.
The major amendments:
In substance, the amended Patent Law contains new established rules and modified rules. The major amendments can be summarized as follows:
Once the application is filed, it is queued to be examined by Jordanian patent office with respect to compliance with formalities. If accepted the applicant is notified to settle the substantive examination fees. Upon settlement, the application is forwarded to substantive examination. The examiner may request amendments to the application. When the application meets all the requirements stipulated in the Patent Law and the terms of granting the patent, and upon settlement the publication fees, a decision of preliminary is issued and published in the official Gazette. In absence of any opposition within 3 months as of the publication date, the register shall issue his decision granting the patent after the payment of the due fees.