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Gulf Press > Uncategorized > Ministry closes 42 businesses for lack of electronic payment services
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Ministry closes 42 businesses for lack of electronic payment services

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Last updated: 2024/08/01 at 6:33 PM
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The Ministry of Commerce and Industry in Doha, Qatar recently announced the closure of 42 commercial facilities at Al Sailiya Central Market due to violations of electronic payment services at sales outlets. This action was taken in accordance with Law No. 5 of 2015, which regulates commercial, industrial, and public facilities, as well as street vendors. The ministry also cited ministerial decision No.161 of 2017, which outlines the public and private requirements that these shop centers must adhere to.

In a statement released by the MoCI, it was revealed that this crackdown is part of a larger effort to monitor markets, enforce compliance with laws, and ensure that public requirements are being met by all businesses. The ministry emphasized its commitment to holding accountable any entity that fails to meet the obligations set forth in the relevant laws and regulations. Regular inspection campaigns are conducted to identify violations and take appropriate regulatory action against offenders.

Citizens and residents were urged to report any potential abuses or infractions promptly through the MoCI’s electronic application or by calling the designated phone number, 16001. This call to action highlights the importance of community involvement in maintaining compliance with laws and regulations. By working together, the ministry and the public can ensure a fair and transparent business environment for everyone.

The closure of the 42 commercial facilities serves as a warning to other businesses that may be tempted to overlook the requirements for electronic payment services and other regulations. By taking decisive action against violators, the MoCI sends a clear message that non-compliance will not be tolerated. This move aims to protect consumers and promote fair competition among businesses in the market.

The ministry’s commitment to upholding the laws and regulations governing commercial activities demonstrates a dedication to promoting a safe and transparent business environment in Qatar. By enforcing compliance with electronic payment services and other requirements, the MoCI plays a crucial role in safeguarding the interests of both consumers and businesses. This proactive approach helps to ensure a level playing field for all participants in the market.

In conclusion, the MoCI’s crackdown on commercial facilities at Al Sailiya Central Market underscores the importance of compliance with laws and regulations in Qatar. By holding violators accountable and encouraging public reporting of infractions, the ministry is working to create a fair and ethical business environment. Through continued vigilance and enforcement of regulations, the MoCI contributes to the overall economic and social well-being of Qatar. It is essential for all businesses to adhere to the laws and regulations put in place to protect the interests of consumers and maintain a competitive marketplace.

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News Room August 1, 2024
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