The UAE government has introduced a stringent policy to regulate prices during the holy month of Ramadan in Dubai. Retailers who increase prices on essential items may face hefty fines of up to Dh100,000.
Key Points of the Pricing Policy
- The policy was introduced in January 2025.
- It targets price hikes on nine essential products.
- Consumers are encouraged to file complaints if they notice unfair price increases.
- Fines can reach up to Dh100,000 for violating retailers.
Government Objectives
- Protect consumers from exploitation during high demand periods such as Ramadan.
- Ensure fair and transparent pricing across the market.
- Maintain market stability and support community welfare.
- Encourage businesses to comply with pricing rules throughout the holy month.
This initiative reflects the UAE’s strong commitment to safeguarding residents’ interests and promoting a balanced marketplace. For continuous updates, stay tuned to Questiqa World News.
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