UAE: Up to Dh200,000 fine announced for violations of price hike rules for eggs, poultry

UAE: Up to Dh200,000 fine announced for violations of price hike rules for eggs, poultry

Authorities have been carrying out inspections to monitor the prices of egg and poultry products in the country's retail outlets

Published: Tue 11 Apr 2023, 1:03 PM Last updated: Tue 11 Apr 2023, 4:08 PM

The UAE's Ministry of Economy (MoE) has announced that it will be imposing stiff penalties on suppliers and retailers who fail to comply with the rules issued for the approved price hikes on eggs and poultry products.

Violators shall be fined no less than Dh10,000 — and it may reach Dh200,000, in case the offence is repeated. More details about the fines shall be released in the coming days, according to a report published on Arabic daily Emarat Al Youm.

Authorities have been carrying out inspections to monitor the prices of egg and poultry products in the country's retail outlets since the ministry approved the hike in early March.

The MoE, however, clarified that the increase — which has been capped at 13 per cent — is temporary and will be assessed within six months.

To keep prices in check and ensure they won't go higher than the 13 per cent limit, inspectors have been going around grocery stores, egg and chicken markets, and cooperative societies across the country.

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