UAE: The Ministry of Economy has announced that price reductions on essential goods and consumer products may lead to savings of up to Dh35 million for shoppers across the country. This initiative comes as part of the government’s broader efforts to ease the financial burden on residents, especially during peak shopping seasons such as Ramadan and other major festivities. The reductions are expected to cover a wide range of products, including groceries, household essentials, and other daily necessities.
Retailers and supermarkets have been instructed to ensure compliance with the new pricing structure to guarantee that consumers benefit from the discounts. The ministry has collaborated with major suppliers and distributors to facilitate the implementation of these reductions, ensuring that the lowered prices are reflected at the point of sale. Inspections will be conducted to prevent any discrepancies and ensure that retailers adhere to the updated pricing guidelines.
This move aligns with the UAE’s commitment to consumer protection and market stability, aiming to enhance affordability while maintaining fair trade practices. By implementing these measures, the ministry seeks to strike a balance between supporting businesses and safeguarding consumer rights. The initiative is also expected to encourage healthy competition among retailers, leading to more attractive offers for shoppers.
Authorities have urged consumers to stay informed about ongoing discounts and promotions while reporting any violations or non-compliance by retailers. The Ministry of Economy reassured the public that it will continue to monitor market trends and introduce necessary measures to promote a sustainable and fair shopping environment.
