As a general rule in the UAE, there is no synchronization between the Economic Department and/or the Municipalities (which regulate the grant of trade licences and approval of trade names in the different Emirates) and the Trade Mark Registry in terms of clearing the trade names against the Trade Marks Registry's database prior to granting approvals. As a result, trade marks often compete with company names as identifiers of the origin of goods and services. A common belief is that these signs confirm similar rights to the owner or registrant.