22 September 2017Last updated

Features | Reportage

UAE prices closely monitored during Ramadan, says ministry

Fines for violations can reach up to Dh100,000 and may lead to closure of outlet if offence is repeated, said officials

1 Jun 2016 | 03:01 pm

A Ministry of Economy spokesperson has confirmed that prices are closely monitored during Ramadan and throughout the year to ensure that prices remain competitive.

“We make sure that the prices of foodstuff are not above the market average. If the difference in prices between retailers was small, in fils for example, that would be acceptable. But if a larger disparity between the same item in different retailers is spotted during inspections, we would issue a fine to the retailer,” said Dr Hashim Al Nuaimi, director of the Consumer Protection Directorate at the ministry.

Consumers can lodge their complaints, if any, on 800 1222.

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