Ramadan Discounts: Prices of 5,000 items cut by up to 70%
Retailers in the UAE will cut prices up to 70 per cent for 5,000 items valued at more than Dh260 million during the holy month of Ramadan, a senior official Ministry of Economy said on Wednesday.
Dr. Hashim Saeed Al Nuaimi, Director of Consumer Protection Department, briefed media on Wednesday that the meetings were held with retailers and various suppliers of essential food items like rice, oil, flour, milk, fruits and vegetables – urging them to maintain sufficient stock of their products as the celebrations for the Holy Month of Ramadan usually drives in an increased demand for these items
He also cited the role of local cooperative societies and hypermarkets and their initiatives to maintain and control the prices of over 4,000 consumer items during the year.
Dr. Nuaimi highlighted the Ministry’s continuing efforts to ensure consumer protection during the Holy Month.
Al-Nuaimi said that the daily import of Dubai alone will reach 18,000 tonnes in the Holy Month of Ramadan, while Abu Dhabi’s suppliers’ imports will reach 4,000 tonnes on a daily basis.
He pointed out that such increase comes as a result of the Ministry’s request to raise the level of imports by at least 30 per cent during the holy month to ensure the availability of supply and maintain the price level.
He added that the Ministry of Economy will continue in conducting field inspections across the country, mentioning that there were 2,911 inspection visits for the first quarter of 2016 and will be carrying out 400 inspection visits for the Holy Month of Ramadan alone.
Dr. Nuaimi pointed out that the Ministry of Economy is keen to communicate with consumers and can receive complaints, suggestions and feedback through its Consumer Protection Call Centre, which can be contacted at 600-522-225.
He added that from the beginning of this year until May 22, 2016, the call centre received 7,957 complaints that were classified into nine categories– price increase, cars, electronics, phones, furniture, spare parts and tires, real estate, credit cards and others.