Dubai police have issued an official warning regarding a company named Global Capital Securities Trading, which is operating without a valid license. The firm claims to be a trading company and operates from a representative office in Dubai linked to Global Capital Market Limited.
Authorities are advising the public to exercise caution and avoid engaging in any business dealings with this unlicensed firm to prevent the risk of potential fraud or financial loss. The Dubai government regularly monitors business activities to safeguard residents and investors from fraudulent schemes.
The warning follows an increase in cases where unlicensed companies use official-sounding names to mislead customers. To protect themselves, Dubai residents and businesses are urged to:
- Verify the licensing status of companies before entering into any transactions.
- Report suspicious businesses to the authorities immediately.
Dubai’s government continues its commitment to:
- Maintain the city’s reputation as a trusted global business hub.
- Crack down on illegal operations and unlicensed firms.
For further updates on this matter and other related news, stay tuned to Questiqa World News.
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