Dubai PR Network, Online Press Release from Dubai and Middle East
Government Sector(Government, Legal & Humanity)
Filter PR by

Ministry of Economy announces AED 10,000 fine for non-compliance with resolution to increase prices of eggs & poultry products in the country


Fines can go up to AED 200,000 if the violation is repeated

Abu Dhabi, April 13, 2023: The Ministry of Economy (MoE) announced that it will impose fines on suppliers and retailers that fail to comply with the Ministerial Resolution No. 41 of 2023, issued on March 6, 2023, raising the prices of eggs and poultry products by a maximum of 13 per cent. The violators of the provisions of this resolution will be fined no less than AED 10,000, which can go up to AED 200,000 if the violation is repeated. More details will be announced soon.

The Ministry indicated that its control teams, along with the local economic departments, had carried out intensive inspection tours to monitor the prices of egg and poultry products across all sales outlets in the country and detect unjustified price hikes. A majority of these inspection tours, a total of 300 of them, were carried out during the month of Ramadan, covering all consumer outlets, cooperatives, poultry product markets, and groceries across the country. These inspections ensure that suppliers and retailers have not raised the prices of these products by more than the established 13 per cent, and to implement the penalties stipulated by the Consumer Protection Law.

The Ministry explained that the decision to increase the prices of eggs and poultry products by a maximum of 13 per cent was taken after considering its negative impact on consumers with limited income sources and budgets, and ensuring that cheaper options are available. The abundance of these products in the country’ markets at varied price points helps maintain a stable and prosperous economic environment in the UAE.

MoE added that it is committed to maintaining a fair and balanced relationship between suppliers and consumers, ensuring market stability, promoting a sound consumer culture and preventing unjustified price increases. It continues to combat monopolistic practices through regulating and monitoring markets in cooperation with all competent authorities at the local and federal levels. Consumers’ health and safety are at the top of priorities while also promoting a safe consumer environment, supported by the Federal Law No. 15 of 2020 on Consumer Protection, it said.

The Ministry confirmed that a list of nearly 365 egg and poultry products has been published, demonstrating the official price set by the Ministry, which is the selling price to be displayed on the shelves of sales outlets. The consumers will be able to access this list on the Ministry’s website and on the websites of other competent authorities. The list will also be publicized through various media outlets, so that consumers are aware of it.

In addition, the Ministry of Economy called on consumers to actively contribute to monitoring by reporting any harmful commercial practices or price differences at sales outlets via the phone number 8001222.

MoE also called on sales outlets and suppliers in the country to abide by consumer protection legislation, in addition to preserving the quality and safety of commodities and food products.


Posted by : Editorial Team
Viewed 5305 times
PR Category : Government, Legal & Humanity
Posted on : Thursday, April 13, 2023  12:00:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of
Previous Story : Centro Barsha, Dubai Hosts Charitable Iftar Event for Labou...
Next Story : RAK Hospital distributes 1500 Iftar Meals to Taxi and Talaba...
Email this article Print this article

Share this article with your friends and followers
Most Viewed Press Release posted in the last 7 days
Cigna Healthcare Names Leah Cotterill Middle East and Africa CEO, outside KSA [48392-Views]
LG named the official partner of the Esports world cup 2024 in Saudi Arabia [15137-Views]
Bawabat Al Sharq Mall Organizes Fun Run in Collaboration with Abu Dhabi Sports Council [7929-Views]
UAE climate change experts seek youth and academic views [7888-Views]
Zayed National Museum recreates Magan Boat in partnership with Zayed University and New Yo... [7753-Views]
OPPO Launches Unbeatable AI Phone Reno12 Series and TWS Enco X3i in GCC on July 2nd [7208-Views]
Giorgio Armani Eyewear collaborates with renowned Calligrapher Diaa Allam [6675-Views]
UAE and Japan discuss the latest developments in the comprehensive strategic partnership a... [6535-Views]
DSS 2024 brings big savings with over 7,000 offers and free things to do across Dubai [6457-Views]
LG acquires Athom to advance AI-Enabled intelligent Space Business [6326-Views]
Galibier launches Pogačar toward Yellow Jersey [5674-Views]
Union Coop Announces Exciting Promotions for July 2024 [5666-Views]
Say Hello to Summer with Artful Adventures and Exclusive Savings at Hotel Indigo Dubai Do... [5605-Views]
Arabian Horse Racing Meets French Expertise at the Sheikh Mansoor Festival's 16th Edition [5510-Views]
RTA delivers Traffic Safety Awareness Messages to 350,000 Students,holds events attracting... [5490-Views]
School of Life sheds light on emotional intelligence and quality of life this July [5437-Views]
Creative and Unique Events Await Visitors of Mohammed Bin Rashid Library in July [5437-Views]
Mohammed Bin Rashid Library Hosts Poetry Evening on 11 July [5424-Views]
Pogačar retains yellow after 2nd place in time trial [5404-Views]
PG Real Estate Unveils Bold AED 1 Billion Investment Plan [5359-Views]
IATA and ASF to Develop Standard Cabin Waste Composition Audit Program and Drive Circulari... [5330-Views]
Kempinski Hotel Mall of the Emirates hosts Jumeirah College Enterprise Week 2024 [5273-Views]
Malabar Gold & Diamonds strengthens presence in the UK, opens 2nd showroom at Leicester [5129-Views]
Al Ain Summer Sports Begins with Exciting New Sports and Kids Summer Camp at ADNEC Centre ... [5113-Views]
The Authority of Social Contribution Ma'an Signs MoU With Emirates Cancer Society To Pro... [5096-Views]
RSS Facebook Twitter LinkedDin on Instagram
Back to Section Home

Related Stories

Top Sections
Top Stories