2 Days
Source:
الراي
First quarter sees 857 promo licenses
During the first quarter of 2026, the Ministry of Commerce and Industry granted 857 licenses for promotional offers and draws, representing an extraordinary increase of 1,649% compared to the same period in 2025. This surge followed the resumption of licensing for prize draws on banking products, which had been halted for a year. The licenses were distributed across various activities, with the distribution of free gifts accounting for the largest share, followed by seasonal promotions and discounts. However, the number of licenses decreased compared to the first quarter of 2024. February stood out as the most active month, recording 341 licenses.
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