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24
Nov
09

Advertising and the law: loans and credit


Published in Al Seyassah Kuwaiti daily newspaper on Sunday the 15th of November, 2009. Page: 9. 

This ad by the Kuwait ministry of commerce and industry is warning its citizens from ads for selling goods or services by installments (on credit)
and urges them to check the authenticity, credibility and legality of such ads!!!  the same ad (which is not single minded) is warning “any company advertising in newspapers or magazines or any media vehicle” which sells any product or service by installments (on credit) or offering loans to strictly adhere to law number two/2001, regarding the data collection system as per the ministry decree number 415/2001 amended with decree number 245/2004. any organization publishing ads without obtaining proper permits will get warnings then prohibit them temporarily from selling by installments and finally will have their commercial licenses provoked if the incident is repeated. 

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Louai Alasfahani

ANUBIS was a very old god of the ancient Egyptians, universally worshipped throughout the land and became considered the gatekeeper and ruler of the underworld; the “Guardian of the veil“ he was “Lord of the Cleansing Room” and the opener of the roads of the North. “He observed the weighing of the deceased’s heart against the feather of Maat [Truth] and reported his findings to the jury of the gods.

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louai@paragonmc.com

Skype: louai.asfahani

Oman Mobile: +968 94 009977

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