UAE merchants urged not to hike prices during Ramadan

August 16th, 2009 - 11:47 pm ICT by IANS  

Abu Dhabi, Aug 16 (IANS) The United Arab Emirates (UAE) government has urged merchants not to hike commodity prices during the holy month of Ramadan, the WAM news agency reported Sunday.
The economy ministry has also urged the importers and merchants to refrain from market monopoly and ensure adequate supply of goods.

On Sunday, the director of consumer protection department at the ministry, Hashim Al Nuaimi, held a meeting with more than 40 merchants and importers in Abu Dhabi to streamline the pricing of goods during the month of Ramadan.

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