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Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
The Ministry of Commerce and Industry’s Intellectual Property Department (the “Patent Office“) in Qatar has released a new directive concerning the payment of patent annuity fees. According to the new directive, applicants can choose not to pay annuity fees if their application remains undecided for three (3) years by the Patent Office. This exemption remains in effect until the Patent Office accepts the application and issues the patent. At that point, all overdue annual fees must be paid along with the grant fees.
This directive provides a cost-effective solution for managing patent fees in the short term, which is particularly beneficial for individual inventors or small startups with limited funds who are not yet generating revenue from their inventions.
Our Innovation, Patents, and Industrial Property (3IP) team comprises well-seasoned IP, tech transfer and commercial lawyers, patent attorneys, scientists, technical experts, and business consultants. Our diverse team is well-versed in both Middle Eastern and international legal systems, allowing us to provide incisive advice and effective representation to international standards. We manage patent applications across the GCC and MENA region. For any enquiries, please contact Ahmad Saleh, Umme Salamah Tyebjee or Hala El Sbay, with a copy to 3IP@tamimi.com.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.