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UAE economy minister warns supermarkets over Ramadan prices

The UAE economy ministry and Abu Dhabi Department of Economic Development (ADED) have warned retailers against seizing the occasion of the holy month of Ramadan to tamper with prices, Wam has reported. A group of retailers including Carrefour, Lulu, Abu Dhabi Cooperative Society, Spinneys and Fatima Supermarket who have met with ministry officials to review their Ramadan basket plans were told penalties will be imposed on price manipulators as per consumer protection law.