News Desk
DUBAI: Dubai authorities have imposed heavy fines on shopkeepers for overcharging essential items, following reports of unjustified price hikes after recent regional tensions. Officials said traders increased prices due to rising demand for basic goods after Iranian attacks.
The Ministry of Economy and Tourism said it inspected more than 7,000 shops to prevent exploitation during the crisis. Authorities identified 567 violations, most of them related to excessive pricing.
Officials issued 449 warnings to traders, suppliers and vendors, and imposed fines exceeding AED 207,250. The ministry said strict monitoring is being enforced on key items including cooking oil, eggs, dairy products, rice, sugar, chicken, pulses, bread and wheat.
Authorities warned that no price increase will be allowed without prior approval, stressing that measures are being tightened to ensure price stability and protect consumers.
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