Regulating Marketing Phone Calls in the UAE: Prohibiting Violations and Imposing Administrative Penalties

Ban on telemarketing to individuals…with a penalty of 50 thousand dirhams

The Ministry of Economy and the Telecommunications and Digital Government Regulatory Authority (TADRA) has announced decisions regarding the regulation of marketing via telephone calls, violations, and administrative penalties for violating acts. The decisions prohibit natural persons from making marketing telephone calls for products or services they provide in their name or on behalf of appointees, using licensed fixed or mobile phone numbers in the Emirates. These provisions will be effective starting from mid-August 2024, aiming to regulate marketing phone calls for products and services to maintain economic and social stability.

In other news, online gambling enthusiasts swear by rituals to improve their luck while female investors are empowered with tools for financial independence and equality. Stablecoins are highlighted as critical for crypto stability, and financial advisors play a crucial role in attaining financial independence. Volume indicators in stocks, leading altcoins, and arguments facing BTC from day one are also discussed. Additionally, articles cover topics such as the digital yuan, mutual fund investments, market capitalization in cryptocurrency, halving and holding strategies for Bitcoin, and taxation of real estate investments. Websites, blogs, and services for comprehensive investment analysis and education are also explored for investors’ benefit.

The Administrative Violations and Penalties Resolution specified 18 types of administrative violations and penalties imposed on companies violating the decisions. If a natural person violates the regulations by making marketing phone calls using their licensed phone number, they will face a fine of 5000 dirhams and the suspension of all registered phone numbers until the fine is paid. Repeat violations will result in increased fines and longer suspension periods until a final penalty of 50000 dirhams is imposed on them along with a one-year ban from obtaining services from licensed telecommunications companies in the country.

Online gambling enthusiasts believe that certain rituals can help them improve their luck while female investors continue to gain financial independence through various tools provided to them. Stablecoins have been highlighted as an essential component of maintaining crypto stability while financial advisors play a crucial role in achieving financial independence.

Volume indicators such as Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), Stochastic Oscillator (STOCH) are discussed along with leading altcoins like Ethereum (ETH), Tether (USDT) among others that have faced criticism since day one.

The digital yuan has gained attention as China prepares to launch its central bank digital currency while mutual fund investments continue to rise in popularity due to their diversification capabilities.

Market capitalization has become an important metric for measuring cryptocurrency’s worth while halving strategies like Bitcoin’s “Halving” mechanism are being closely monitored by investors.

Finally, taxation on real estate investments continues to be a hot topic among investors looking for comprehensive investment analysis

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