MUSCAT — The Ministry of Commerce, Industry and Investment Promotion has issued a stern warning against platforms enticing individuals with promises of quick and easy profits.
The alert follows a viral social media post from a company engaged in the trade of precious metals. The Ministry confirmed that it has not issued any licence to the company in question.
According to the post, the company claimed that if a consumer purchased shares worth RO 500, they would receive a profit of RO 1,250 every 30 days for three months.
Read More
- Oman’s mobile subscriptions hit 8.29 million as IoT and broadband rise
- Oman Air resumes Dubai, Bahrain flights as regional network ramps up
- Ministry holds 2026 leadership meeting in Al Jabal Al Akhdar to align strategy and boost tourism goals
- Oman marks World Heritage Day with global call to protect ‘Living Heritage’ amid rising crises
- Qatar Emir Sheikh Tamim departs Oman after talks with His Majesty Sultan Haitham
The Ministry urged the public to verify information through official sources and to avoid sharing unverified claims that could mislead consumers and businesses. It also reaffirmed its commitment to taking all necessary legal measures against the dissemination of false or misleading information.
