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Commerce slaps a ban on cash dealings during exhibitions

The Minister of Commerce and Industry, Fahd Al-Shariaan, has issued a decision obligating companies and institutions subject to the Ministry’s supervision and participation in all types of exhibitions held in Kuwait, whether the participants are from inside or outside Kuwait, not to deal in cash when making any contract or transaction, and that the payment must be from the customer’s account via non-cash payment instruments which the Central Bank of Kuwait allows to operate.

He stressed on the closure of every facility that violates this decision, in addition to referring the violator to the investigation authorities, reports a local Arabic daily.

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