UAE to prevent price hikes in Ramadan, guarantee enough stocks and huge discounts ...United Arab Emirates

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Dubai: Prices will not be allowed to rise in Ramadan while enough stocks will be guaranteed, the Ministry of Economy announced on Sunday. To ensure compliance, the ministry plans 420 visits to outlets and markets nationwide before, during and after Ramadan, which is likely to begin on April 13 depending on the moon sighting. Striking a balance The announcements came during a media briefing on Sunday on consumer protection measures in the UAE, especially with regards to Ramadan. The briefing was led by Marwan AlSboosi, Director, Competition and Consumer Protection Department, Ministry of Economy. The measures aim to establish “a balanced relationship” between merchants and consumers across v

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