Ramadan 2023 in UAE: How residents can save up to 70% on groceries despite hike in prices of poultry, eggs

  • Date: 23-Mar-2023
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Ramadan 2023 in UAE: How residents can save up to 70% on groceries despite hike in prices of poultry, eggs

Several retailers have announced promotions and discounts during holy month

Published: Thu 23 Mar 2023, 6:00 AM Last updated: Thu 23 Mar 2023, 2:01 PM

Retailers in Dubai have advised consumers to search for alternatives and take advantage of the promotions during the holy month of Ramadan, which is set to begin on Thursday.

This comes as the UAE’s Ministry of Economy has allowed retailers to hike prices of eggs and poultry temporarily by 13 per cent due to challenges related to imports of raw materials and high production costs.

Several retailers such as Union Coop, Al Maya and Noon have announced promotions and discounts for the holy month to support consumers.

The government-backed retailer Union Coop said the decision of the ministry was aimed at ensuring a balanced merchant-consumer relationship and preserving food security across all marketplaces at the national level.

“Union Coop offers multiple choices to its valuable consumer base so that an average consumer has options at his disposal. It’s likely we will see increasing preference towards frozen items and also poultry products that are imported from non-GCC nations,” it said in a statement to Khaleej Times.

The retailer said poultry products sourced from GCC have experienced price changes but rates of non-GCC poultry