The UAE government has introduced stringent regulations to curb price increases during the holy month of Ramadan in Dubai. Retailers found guilty of raising prices on essential goods could face heavy fines up to Dh100,000 as part of this new policy, which was implemented in January 2025.
Key Details of the New Pricing Policy
- The policy targets nine essential products to ensure they remain affordable during Ramadan.
- Retailers must maintain stable prices to avoid penalties and support consumer welfare.
- Residents are encouraged to report any unfair price hikes promptly to the authorities.
- Stringent monitoring and enforcement will be conducted throughout Ramadan to prevent exploitation.
Objectives of the Initiative
- Protect consumers, especially families, by keeping basic goods affordable during Ramadan.
- Maintain market stability in the UAE during the holy month.
- Promote fairness and prevent unethical pricing practices in retail.
The government strongly urges retailers to comply with these rules to avoid substantial fines and supports the community by ensuring essential items are accessible to all residents. Shoppers are encouraged to actively participate by reporting any concerns, aiding the effective enforcement of these regulations.
This initiative underscores the UAE’s dedication to consumer protection and reflects its commitment to fair market practices during significant periods such as Ramadan.
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