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UAE names fixed-price cement outlets

The UAE Ministry of Economy has announced the list of cement outlets and agents who have agreed to sell cement at Dhs18 ($4.90) per bag at stores within the city limits and for Dhs19 per bag in outlets that are away from the city. The agreement completes the memorandum of understanding that the Ministry of Economy signed on May 2008 with cement manufacturers in the UAE to enhance coordination with cement producers and highlight the responsibility to consumers by regulating prices.