International Seminar on Intellectual Property Valuation to Highlight Valuation and Pricing Methods

DUBAI - Sponsored by Abu-Ghazaleh Intellectual Property (AGIP) and organized by Federation Internationale Des Conseils En Propriete Industrielle (FICPI) and Licensing Executives Society ? Arab Countries (LES-AC), an international seminar on Intellectual Property Valuation will be held at Al Bustan Rotana Hotel in Dubai November 27 -28, 2005.

The two-day seminar will focus on the valuation and pricing methods related to the field of Intellectual Property, with specific reference to the Arab world. The event features a number of renowned speakers, who will tackle major practical issues related to the valuation of trademarks and innovative technologies, which are important intangible assets to companies. In addition, the event will address the issue of how to evaluate Intellectual Property Rights (IPRs) by adopting best international practices.

The speakers include Talal Abu-Ghazaleh, Chairman and CEO of Talal Abu-Ghazaleh Organization who will address the gathering on the topic of Intellectual Property Valuation in the Arab world in addition to other well-known Arab and international experts.

The seminar will discuss at length a range of topics relevant to companies in the Arab region, such as valuation of innovative technologies, license analogy-based approaches, formation and assessment of complex patent portfolios, accounting of patents according to international financial reporting standards, and the importance of Intellectual Property Valuation in Intellectual Asset Management.

Motasem Abu-Ghazaleh, Executive Director /National Marketing of Abu-Ghazaleh Intellectual Property, Dubai Office pointed out that Intellectual Property Valuation as a concept is gaining prominence in the Arab world.

"The event will shed light on international practices in the discipline, and emphasize the importance of applying such practices in the Arab world. There will be an exclusive session on valuing brand equity in the Arab world, complemented by relevant case studies from the region,? he said.

?Dubai is the ideal venue to host this seminar, being home to a large number of companies with intangible assets such as trademarks,? he added.

?Moreover, several indigenous companies in the UAE are expanding their presence beyond their homeland and are going global, which accentuates the need to adopt international best practices in evaluating the companies? worth,? he stated.

?AGIP has been at the forefront of protecting IPRs and promoting the concept of Intellectual Property Valuation in the Arab world. Our decision to extend support to this seminar is in keeping with our sustained commitment to promote best practices in evaluating Intellectual Property,? he noted.

The seminar is expected to host around 150 professionals, mostly managers and lawyers, from the region and the world.