Temporary increase in egg, poultry prices aim to ensure balanced merchant-consumer relationship: Ministry of Economy
- Date: 18-Mar-2023
- Source: Emirates News…
- Sector:Agriculture
- Country:UAE
- Who else needs to know?
Temporary increase in egg, poultry prices aim to ensure balanced merchant-consumer relationship: Ministry of Economy
ABU DHABI, 18th March, 2023 (WAM) -- The Ministry of Economy said that increasing prices of eggs and poultry products in the UAE comes in accordance with the provisions of Federal Law No. 15 of 2020 on consumer protection, and relevant laws and decisions that are aimed at ensuring a balanced merchant-consumer relationship and preserving food security across all marketplaces at the national level. The Ministry clarified that the price hike is temporary, and will be assessed within six months.
“Should the grounds that gave rise to the resolution cease to exist, the resolution itself would cease to exist, considering the changes in the local, regional, and global marketplaces,” added the ministry in a clarification issued today on the recent approval of increasing by a maximum of 13 percent the prices of eggs and poultry products in the UAE.
The ministry said the increase is based on a resolution it issued on March 6, adding that this step was taken following a request submitted by a number of companies operating in the sector purporting that they had incurred significant losses over the last period as a result of high production costs and production inputs from imported material, including fodder, and increasing shipping
Some retailers in the #UAE have increased prices of eggs and chicken after the Ministry of Economy allowed them to hike the prices of the two consumer items by up to 13 per cent temporarily.
Economyae
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry #UAE #Dubai #DXB
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of #Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of #FederalLaw No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
Some retailers in the #UAE have increased prices of eggs and chicken after the Ministry of Economy allowed them to hike the prices of the two consumer items by up to 13 per cent temporarily.
@Economyae
https://www.khaleejtimes.com/uae/some-uae-retailers-increase-prices-of-eggs-poultry
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
Chicken shawarma, chicken burger and a few more of your favourite menu items prepared with eggs may witness a slight price hike as the UAE's Ministry of Economy (MoE) has approved an increase in the rates of eggs and poultry products.
@Economyae
https://www.khaleejtimes.com/uae/uae-increases-prices-of-eggs-chicken-will-your-shawarma-cost-more-after-the-temporary-hike
The Ministry of Economy has announced the increasing prices of eggs and poultry products in the #UAE come from the provisions of Federal Law No. 15 of 2020 on consumer protection and further clarified that the price increase is temporary and will be revised in six months.
After conducting a study to verify the companies' demand, the Ministry of Economy found a price hike of 13% to 20% reasonable.
Read More: https://propakistani.pk/2023/03/20/uae-massively-increases-prices-of-eggs-and-poultry-products/
#UAE #Eggs #Poultry
Abu Dhabi: With Ramzan around the corner, the United Arab Emirates (UAE) has announced a temporary increase in the prices of eggs and poultry products by a maximum of 13 percent, the Emirates News Agency (WAM) reported. On Saturday, the Ministry of Economy (MoE) approved the deci
Temporary increase in egg, poultry prices aim to ensure balanced merchant-consumer relationship: Ministry of Economy http://dlvr.it/Sl75KD
The Ministry of Economy has approved a temporary increase in prices of egg and poultry products. The ministry also noted that this increase is temporary & will be assessed within 6 months from now.
https://www.emirates247.com/business/economy-finance/temporary-increase-in-egg-poultry-prices-aim-to-ensure-balanced-merchant-consumer-relationship-ministry-of-economy-2023-03-18-1.705437
Temporary increase in egg, poultry prices aim to ensure balanced merchant-consumer relationship: Ministry of Economy
#WamNews
http://wam.ae/en/details/1395303140233
Temporary Increase In Egg, Poultry Prices Aim To Ensure Balanced Merchant-consumer Relationship: Ministry Of Economy https://update.onlinemoneywithus.com/index.php/2023/03/18/temporary-increase-in-egg-poultry-prices-aim-to-ensure-balanced-merchant-consumer-relationship-ministry-of-economy/
Temporary increase in egg, poultry prices aim to ensure balanced merchant-consumer relationship: Ministry of Economy - https://dailyinsights.news/temporary-increase-in-egg-poultry-prices-aim-to-ensure-balanced-merchant-consumer-relationship-ministry-of-economy/
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Eggs and chicken in the UAE will be more expensive after Ministry of Economy hiked prices. Find out more: https://zurl.co/Hg3R
Temporary increase in egg, poultry prices aim to ensure balanced merchant-consumer relationship: Ministry of Economy http://dlvr.it/Sl64x1
The Ministry of Economy has approved a temporary increase in prices of egg and poultry products by a maximum of 13 per cent, Emirates News Agency (WAM) reported.
https://gulfnews.com/business/retail/uae-temporarily-increases-egg-and-poultry-prices-1.1679159247381
The #UAE is temporarily increasing prices of #eggs and #poultry products by a maximum of 13%. The Ministry of Economy said Saturday the price hike will be assessed within six months, adding that the decision was taken based on a request submitted by a number of companies… https://twitter.com/i/web/status/1637133617733279744
UAE announces temporary increase in prices of eggs https://www.khaleejtimes.com/uae/uae-announces-temporary-increase-in-prices-of-eggs UAE Ministry of Economy says the step was taken based on a request submitted by a number of companies
Andy Vermaut shares:Japan egg prices soar amid record 16 million bird flu cullings: Egg-laying hens make up more than 90% of birds in the process of being culled, according to the agriculture ministry, limiting the supply of eggs ... https://www.japantimes.co.jp/news/2023/03/18/business/economy-business/egg-prices-japan/?utm_source=dlvr.it&utm_medium=twitter Thank you.