UAE now has a new way to track prices of essential commodities
It allows officials to monitor prices, compare them against established price ceilings, and ensure compliance
A national digital platform has been launched to track the prices of essential commodities across the UAE.
According to a Wam report, the platform, launched by the UAE Ministry of Economy, provides real-time tracking of essential consumer goods, including staples like oil, eggs, dairy, rice, sugar, poultry, legumes, bread, and wheat, across various retailers in the UAE.
It allows officials to monitor prices, compare them against established price ceilings, and ensure compliance.
Abdullah bin Touq Al Marri, Minister of Economy, stated that this initiative reinforces the UAE’s commitment to consumer protection, a stable market, and a competitive economy, aligning with the ‘We the UAE 2031’ vision.