Dubai Economy has levied fines for price-tampering on nine pharmacies, two supermarkets and three wholesale suppliers.
All 14 were found to have inflated the price of face masks to take advantage of the current COVID-19 crisis.
Dubai Economy says a repeat offence will attract double the fine and may lead a merchant being closed down.
Investigators responded to complaints logged by consumers through their price.ded.ae portal or by calling 600 54 55 55.
Ferrari aims at AI generation with crypto auction for Le Mans car
Ferrari is tapping into crypto markets and tech-rich youngsters with a planned new digital token that its wealthiest fans will be able to use in an auction for a Ferrari 499P, the endurance car that won three straight Le Mans titles.
UAE expands access to government bonds with 'Retail Sukuk' initiative
The UAE Ministry of Finance has launched an initiative called 'Retail Sukuk', allowing individual investors to access Shariah-compliant, government-backed Treasury Sukuk (T-Sukuk) through digital platforms operated by local banks.
New UAE-Oman freight rail link to boost regional trade
A new freight rail service is set to connect Sohar in Oman with Abu Dhabi in the UAE, marking a major step forward in regional trade and logistics.
Trump says all trade talks with Canada are terminated
US President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late President Ronald Reagan spoke negatively about tariffs.
du reports AED732 million Q3 profit
Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the third quarter of 2025 on Thursday, reporting strong revenue growth and solid profitability across its key business segments.
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