13 Shops issued Warnings over Consumer Goods Price Hikes.Summary: AL GHARBIA -- Altogether 13 shops, supermarkets and malls in Al Gharbia (Western Region) were issued warnings for increasing the prices of consumer items arbitrarily during Ramadan Ramadan (rämädän`, răm'ədän`), in Islam, the ninth month of the Muslim year, during which all Muslims must fast during the daylight hours. Indulgence of any sort is forbidden during the fast. . The action was taken after officials from the Consumer Protection Department carried out inspection following several complaints from people, said Zayed Bashir, Market Controller in Al Gharbia. A number of trading establishments took undue advantage of Ramadan to increase the prices, he said, adding that strict legal action would be taken against those who repeat the violations and do not heed the warnings. Residents of Al Gharbia have been facing a steep rise in the prices of commodities and services as compared to other areas in the emirate e·mir·ate n. 1. The office of an emir. 2. The nation or territory ruled by an emir. Noun 1. emirate - the domain controlled by an emir of Abu Dhabi Abu Dhabi (ä`b  thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. . In some cases, the prices of several goods are as much as 30
per cent higher. The traders TradersIndividuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread. , on the other hand, attributed the increase in prices to the high cost of transportation as a result of the hike in diesel prices as well as storage and other expenses. Copyright 2008 Khaleej Times The Khaleej Times is a daily English language newspaper published in Dubai, United Arab Emirates. It is published by Galadari Printing and Publishing L.L.C. with the Gulf News being its main competitor. . All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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