Major shopping outlets in the UAE have started installing giant electronic screens at their entrances to display prices of their items and guidelines on shopping. The Economy Ministry says it had given close to 500 supermarkets and hypermarkets until the end of this year to complete the installation of the screens which aim to unify consumer prices across the second largest Arab economy.
“There will be nearly 3,000 screens at 500 supermarkets and hypermarkets in the country. They will show detailed prices of their items and guidelines about shopping and consumer awareness,” says Hashim Al Nuaimi, Consumer Protection Director.
“These screens will show fixed prices of all consumer items sold at those supermarkets and this will help curb price speculation and confusion,” Nuaimi adds.
The Dubai-based Arabic language daily ‘Al Bayan’ quoted Nuaimi as saying most supermarkets in the UAE have reached an agreement with the Economy Ministry to slash the prices of nearly 1,500 items by 15% to 40% to mark Eid Al Adha, which begins on Oct 4.
He said the reduction would continue for two weeks until Oct 10.
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When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
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