MOCI ADVISES PUBLIC TO AVOID DEALING WITH FOREX ADVERTISEMENTS

  • 28/08/2022

Kuwait City: Given that dealing with Forex advertisements is one of the high-risk systems the Central Bank of Kuwait has warned against, the Ministry of Commerce and Industry has issued a warning to the general public.


The ministry warned the public on its official Twitter account to be cautious of advertisements that use the likenesses of some celebrities for marketing purposes in order to draw clients and persuade them to conduct business through unauthorized and fake platforms with alluring titles. The ministry outlined Forex as a decentralized global market that uses a range of communication channels to facilitate currency exchange and profit from price differences between buying and selling currencies.

Related News

Kuwait Municipality sets funeral time during month of Ramada ...
  • 09/03/2024
Medx Medical Group, leading healthcare provider in Kuwait ha ...
  • 22/02/2024
Indian Expat Detained for killing 2 asians
  • 19/11/2023
5 Gulf countries among the world's best countries for comfor ...
  • 10/09/2023
Inspection campaigns to find out shops throwing waste outsid ...
  • 19/06/2023
MoI: Travelers allowed to leave country without taking finge ...
  • 28/05/2023
Philippine government is reviewing the labor agreement with ...
  • 30/01/2023
IDAK Releases Oral Health Guide Along With A Dazzling Cultur ...
  • 12/12/2022
ALCOHOL SALES ARE PROHIBITED IN QATARI WORLD CUP STADIUMS
  • 18/11/2022
THIRD UNIT OF BARAKAH NUCLEAR ENERGY PLANT HAS BEEN LINKED T ...
  • 08/10/2022
KUWAIT DIDN'T BOYCOTT OFFER OF CHRISTIAN RELICS
  • 16/06/2022
KUWAIT AIRPORT TO WITNESS LARGE TRAFFIC DURING EID
  • 28/04/2022