Pursuant to this Agreement (Non-Disclosure Agreement), each of the following:


First Party: AIPO Foundation for Electronic Transactions


And its address: (Business B District in Dubai, Al Raya Building, Office No. 502


The second party is the applicant

Not to disclose confidential information disclosed by the second party to the first party in accordance with the provisions referred to in the following clauses:


1- Confidential information is any of the original information of the invention or innovation provided that it is a new and undeclared act in any form whatsoever to be disclosed by the second party for the purposes of delivering files to intellectual protection bodies or for the purpose of research and verification of the priority of the invention or to request funding and study Feasibility or investment and partnership and classified as confidential information acquired by the first party from the second party remains confidential and the two parties must not disclose it or disclose its secrets to others

2- The first party acknowledges that all confidential information is the property of the second party and they are secrets and that disclosing them to the first party does not give him any right to own, exploit or benefit from that information and the second party guarantees the commitment of all his employees not to leak or use that information directly or Indirectly by any third party. The first party does not bear any responsibility due to errors of this kind

3- The first party is obligated not to use, use or exploit confidential information for a purpose other than the business purpose, except with the express written consent of the second party.

4- The first party is obligated to allow the disclosure of confidential information to its employees and employees on the basis of the need for knowledge and to complete the transactions and tasks required of it and not to disclose any confidential information to any person except for what is expressly stated in this agreement.

The second party is obligated to protect confidential private information by using protection standards that are no less than the level of protection it uses to maintain confidential information related to intellectual property laws and is obliged to preserve, store and deal with it in a way that prevents its unauthorized disclosure or use.

5- The first party shall not be liable for the leakage of secrets or information from what has been agreed to be protected by a third party, or for compelling or compulsive factors that compel it to disclose, or for a factor of telepathy or congruence of ideas between people.

6- If some or any of the provisions of this Agreement are found to be invalid or unenforceable for any reason, this shall not affect any of the other provisions of the Agreement.


8- The parties acknowledge that the non-compliance and any violation of any of the provisions of this agreement may expose him to judicial accountability and accordingly he may pay compensation for the losses resulting from this act.

9- This Agreement shall remain in force for a period of 10 days from the date of signing the Agreement.

10- This agreement and the relationship between the two parties shall be governed by the laws and regulations of the United Arab Emirates

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