Ramadan 2023 in UAE: Retailer freezes prices of over 70 basic commodities for 6 months

Ramadan 2023 in UAE: Retailer freezes prices of over 70 basic commodities for 6 months

Starting from March 29, the price freeze will remain in effect for six months to reduce the burden on consumers

Image used for illustrative purposes only (Photo: AP)

Published: Fri 24 Mar 2023, 11:15 AM

The Dubai-based retail major Union Coop has announced a price freeze on more than 70 essential products to support UAE residents, especially during the holy month of Ramadan.

Starting from March 29, the price freeze will remain in effect for six months to reduce the burden on consumers.

The essential items include onion, apple, frozen chicken, eggs, flour, oil and much more products. All of these will be highlighted across all the branches of the Union Cooperative.

The UAE’s Ministry of Economy on Thursday said it will follow up and monitor the initiatives announced by cooperative societies and sales outlets in the country, which include discounts on various commodity prices during Ramadan. Customers can avail of discounts of up to 50 per cent at coop on nearly 6,000 commodities selected by these outlets and coops.

The ministry said has adopted some of the best and most efficient policies to ensure the availability of strategic stocks of all basic commodities to effectively meet the needs of citizens, residents and visitors for longer periods.

“This