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19 April 2024

No price hike during Ramadan without approval

Published
By Wam

Suppliers and retailers cannot increase prices of essential consumer commodities during the holy month of Ramadan without written consent by the authorities, Minister of Economy Sultan bin Saeed Al Mansouri has said.

Presiding over a meeting of the Higher Committee for Consumer Protection in Dubai on Saturday, Al Mansouri said that even a slight increase in any goods price requires an approval by the ministry.

"The ministry will conduct inspection visits to the shops and restaurants throughout the holy month to ensure their compliance with laws and regulations pertaining to consumer protection," he added.

Among the other topics on the agenda were the energy drinks and the efforts made by the ministry, in coordination with other concerned federal bodies, to put curbs on their sales and consumption.