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 targets 8,000 electric vehicles by end of 2026
- Oman warns firms, influencers against unauthorised charity campaigns
- Oman steps up awareness campaign ahead of July 2026 plastic bag ban
- Algerian military chief visits Oman’s Medical City and Maritime Security Centre
- ‘This Is False’: Oman’s Met office dismisses rumours of record high temperatures
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.
