UAE’s Ministry of Economy has announced that there will be a 50% discount on more than 10,000 products in supermarkets.
This is part of an initiative to combat soaring prices and food hoarding before the month of Ramadan.
During the month of Ramadan in the UAE, families usually prepare a larger than usual quantity of food, due to the fact that they spend most of the day fasting. Supermarkets tend to abuse this high demand for food items by increasing prices. Families are rushing to buy and hoard a large number of food items at home in preparation for the month of heavy duty cooking which is also causing problems with outlets that are unable to match the demand.
The ministry managed to meet with major outlets all over the country and find a strategy which benefits all parties by ensuring that prices do not soar and also developing a discount system that ranges between 25-50% on over 10,000 products.
The meetings conducted finalized the launch of a “package” system whereby there will be 2 packages offered: the first package is a fixed package which contains 20 items for less than AED100. The second package will also contain 20 items for less than AED200, but it is an open package where the customer can mix and match the items they would like to have in the package.
Happy grocery shopping!