@AlEtihadAJMAN ECONOMIC DEPARTMENT TIGHTENS CONTROLS ON ADJUSTING PRICES OF ESSENTIAL GOODS WITH PRIOR NOTICE AND DOCUMENTED JUSTIFICATIONS

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βοΈ The UAE's Economic Development Department has issued a circular requiring economic establishments, suppliers, and retailers to notify the Ministry of Economy and Tourism of any price changes to essential goods with valid economic justifications.
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π The circular requires notifications of price changes to essential goods with valid economic justifications.
π All traders, suppliers, and retailers must submit notifications through the ministry's electronic channels.
π The list of essential goods includes 29 strategic products that meet the daily needs of consumers.
π The circular aims to promote market stability, protect consumer rights, and ensure transparency and economic regulation.
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