Market

Ministry of Commerce and Industry releases report on special licenses issued in January 2021

The Ministry of Commerce and Industry has released its monthly report on special licenses issued in January 2021. The report said 112 licenses were issued for discounted prices (discounts).

The report indicated that 401 licenses for offers were issued in January including promotional offers, special offers, prize draws, and Swipe and Win. Some 65 promotional offer licenses were granted for companies selling goods in malls and retail outlets, while 324 licenses were granted for special offers including new prices, buy one, get one free, and buy one and get the second one for half the price.

The report indicated that the licenses for prize draws granted last January was 11, in addition to one Swipe and Win license.

 

Source: Minister of Commerce and Industry

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