The number of patents awarded by the Egyptian Patents Office in 2016 decreased by 4.7% year-on-year to 450, Al Masry Al Youm reports citing CAPMAS. 83.8% of the patents awarded were to foreigners, with US citizens topping the list with 105 patents. Patent filings increased by 4.2% y-o-y in 2016 to 2,197. The Egyptian Trademarks Office awarded 3.5% fewer trademarks in 2016, registering 5,294 during the year. Requests for trademarks dropped by 10.5% y-o-y in 2016 to 10,789. It’s no wonder considering some of the Nobel prize worthy stuff to come out of our geniuses (runtime: 0:41).
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