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.
OPEC+ agrees another accelerated oil output hike for June
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
UAE and Greece in talks to enhance partnership
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
TECOM Group sees solid start to 2025
TECOM Group has kicked off 2025 with strong results, reporting a 21 per cent jump in revenue to AED 680 million for the first quarter.
Emirates chairman discusses collaboration with PayPal leadership team
Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates Airline and Group, held talks with President of Global Markets at PayPal, Suzan Kereere, to collaborate within the dynamic digital payments landscape.
US tariffs show 'no negative impact' at DXB, says Paul Griffiths
The sweeping new US tariffs has had no "negative impact" on DXB, airport's CEO Paul Griffiths said, but added that with the "volatility of the situation, it's far too soon to comment".
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
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Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
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