Latest news with #CircularNo.
Qatar Tribune
5 days ago
- Automotive
- Qatar Tribune
MoCI grants grace period for cars not compliant with Gulf specifications
QNA Doha The Ministry of Commerce and Industry (MoCI) has announced a grace period extending until December 31, 2025, to regularise the status of vehicles that do not comply with approved Gulf specifications. This grace period is part of the MoCI commitment to regulating the local market and ensuring consumer rights, in response to individuals' requests, showroom owners, and online platforms specializing in car sales. In a statement on Wednesday, the MoCI indicated that during this grace period, non-compliant vehicles may be displayed and sold via showrooms or online platforms, provided the vehicle is registered before Dec. 31, 2025. This includes both new and used vehicles. The MoCI emphasized that displaying or selling any vehicle registered after this date, without it conforming to Gulf specifications, constitutes a clear violation of the law and requires the necessary action to be taken against the violating party. This directive is based on Circular No. (02) of 2025, issued by the MoCI, which obliges providers of electronic platforms and car showrooms not to display or advertise cars that do not conform to the specifications approved in the State of Qatar. The ministry stressed the need for all relevant parties to completely cease selling, displaying, or advertising non-compliant vehicles after the deadline, and to ensure strict implementation of the circular to avoid any violations or legal repercussions. The MoCI indicated that these measures aim to create a safe and organized commercial environment and enhance trust between consumers and suppliers, urging all exhibitions and online platforms to fully adhere to the announced instructions.
ILoveQatar.net
5 days ago
- Automotive
- ILoveQatar.net
MoCI grants grace period until 31 December 2025 for cars not meeting approved Gulf standard specifications
On 13 August 2025, the Ministry of Commerce and Industry (MOCI) released Circular No. (02) of 2025 regarding the sale and display of cars that do not comply with approved Gulf standard specifications. In response to requests from individuals, showroom owners, and online car platforms, MOCI has introduced a grace period until 31 December 2025 to allow non-compliant vehicles to be regularised. Cars registered after this date that fail to meet Gulf standards will not be allowed to be displayed or sold, and violations will be enforced. The circular obliges all car showrooms and online platforms in Qatar to comply by not selling, displaying, or advertising non-compliant new or used cars. The Ministry emphasised that adherence to these instructions helps ensure a safe commercial environment and protects consumer rights. Authorities and businesses are called upon to fully cooperate with the circular to maintain trust between consumers and suppliers. وزارة التجارة والصناعة تمنح مهلة لتوفيق الأوضاع بشأن السيارات غير المطابقة للمواصفات القياسية. #التجارة_والصناعة — وزارة التجارة والصناعة (@MOCIQatar) August 13, 2025
MTV Lebanon
18-06-2025
- Business
- MTV Lebanon
Central Bank of Lebanon Raises Withdrawal Limits
The following statement was issued by the Central Bank of Lebanon: The Central Bank of Lebanon informs the public that, due to the ongoing difficult economic and financial conditions, and in its commitment to meet the urgent financial and humanitarian needs of depositors, as well as to contribute to strengthening social stability, it has decided to extend the application of Circulars No. 158 and 166, especially since their validity was set to expire on June 30, 2025. Additionally, the monthly cash withdrawal limits under Circular No. 158 have been raised from $500 to $800 in cash, and the monthly cash withdrawal limits related to Circular No. 166 have been increased from $250 to $400 in cash. This extension is valid for one renewable year, starting from July 1, 2025, until July 1, 2026. The Central Bank of Lebanon reiterates the importance of expediting the approval of laws that ensure the return of depositors' funds. It continues to coordinate with the Lebanese government and the Parliament and is deploying all its capabilities to achieve this goal.
Zawya
02-05-2025
- Automotive
- Zawya
Qatar: MoCI asks dealers to reveal prices of new vehicles, spare parts
Qatar - The Ministry of Commerce and Industry (MoCI) has issued Circular No. (1) of 2025, requiring car dealerships to provide transparent disclosure in marketing advertisements targeted at consumers. Prior to the sale of new vehicles, dealers must clearly disclose the vehicle price, the cost of spare parts, and the fees for routine maintenance service. 'This directive aligns with the Ministry's ongoing commitment to promoting transparency, enhancing consumer experience, and strengthening trust between consumers and automotive dealers. 'The circular has been issued in accordance with the provisions of Law No. (8) of 2008 on Consumer Protection and its amendments, specifically Articles (7-3), (8-1), and (16) defining the rights of consumers,' Ministry of Commerce and Industry said. Article (7) states: 'It is prohibited for the supplier to describe, advertise, or display a product using false or misleading information.' Article (8) stipulates: 'The supplier is obligated, when offering a product for sale, to clearly indicate the price or prominently display it at the point of sale.' Article (16) affirms: 'The supplier shall be held liable for any damages resulting from the use or consumption of the product, in accordance with the regulations outlined in the executive bylaw of this law.' The Ministry specified that Circular No. (1) of 2025 obliges car dealerships to implement several corrective measures, including displaying the prices and specifications of new vehicles clearly at showrooms; Publishing the prices of spare parts—such as engines and transmissions—at their respective display points within showrooms or service centres; Disclosing service and maintenance fees at the locations where such services are advertised or provided, either in showrooms or at service facilities. Additionally, the circular mandates the installation of a large interactive display screen (42 inches or larger) at both showrooms and service centres. This screen must allow consumers to input the name of the desired maintenance service or spare part and view specifications and pricing easily and transparently. The Ministry emphasised that providing this information electronically or on the dealer's digital platforms ensures that consumers have full awareness of all essential costs related to purchase and maintenance prior to making a buying decision. The Ministry further warned that any establishment failing to comply with the provisions of this circular will be subject to legal accountability and penalties under Law No. (8) of 2008. The Ministry of Commerce and Industry urged all consumers to report any violations or breaches through the call centre at 16001 or via the Ministry's official social media accounts: - X: @MOCIQATAR - Instagram: MOCIQATAR
Arab Times
20-02-2025
- Business
- Arab Times
No more non-Kuwaiti appointments in Ministry of Commerce
KUWAIT CITY, Feb 20: Minister of Commerce and Industry Khalifa Al-Ajeel has issued a decision to halt the appointment of non-Kuwaitis in the Ministry of Commerce and the government agencies affiliated with the ministry. In a press statement, the Ministry of Commerce explained that this decision is part of the broader national efforts to localize public sector jobs. It is also based on the Civil Service Commission's Resolution No. (11) of 2017, which outlines the rules and procedures for Kuwaitizing government jobs. Additionally, it refers to Circular No. (3) of 2017, which grants priority in appointments to non-Kuwaiti children of Kuwaiti mothers, issued on March 22, 2017. The ministry emphasized that the decision mandates all concerned parties within the Ministry of Commerce and its affiliated entities to adhere strictly to the Civil Service decisions. This includes the prohibition of appointing or renewing the contracts of non-Kuwaitis in all government positions, except where allowed under the terms of the Civil Service resolutions and Circular No. (3) of 2017, particularly in accordance with Clause (4) of the mentioned circular.
