Today : Dec 26, 2024
Local News
26 December 2024

UAE Launches New Consumer Pricing Policy And Genetic Testing Mandate

New measures aim to boost economic stability and public health across the Emirates.

The United Arab Emirates (UAE) is making significant strides to reshape its economic and health policies with new regulations aimed at enhancing consumer protection and promoting public health. The UAE's Ministry of Economy revealed it will introduce detailed guidelines regulating the pricing of major consumer goods, effective January 2, 2025. This regulatory framework is expected to provide stability for both consumers and suppliers across the country.

Under these new policies, nine key items have been highlighted: cooking oil, eggs, dairy, rice, sugar, poultry, legumes, bread, and wheat. His Excellency Abdullah Ahmed Al Saleh, the Undersecretary of the Ministry of Economy, emphasized the nation’s commitment to enhancing consumer safety through these measures, stating, "The UAE has placed a strong emphasis on developing economic policies to provide a safe and stable consumer environment..." This step is part of the broader 'We the UAE 2031' vision, which aims to improve living standards and bolster the national economy.

Alongside the new pricing mechanisms, the UAE is also embarking on another landmark initiative—mandatory premarital genetic testing for all Emirati couples starting January 2025. This move, endorsed during the recent Emirates Genome Council meetings, aims to mitigate genetic diseases within the Emirati population. The Ministry of Health and Prevention (MoHAP) will spearhead this program, collaborating with various health authorities throughout the UAE.

The genetic testing, which began as a successful pilot project screening over 800 couples, demonstrated promising results with 86% of couples found genetically compatible. The tests will assess 570 genes related to over 840 medical conditions, facilitating informed family planning among couples. MoHAP officials pointed out, "The decision would drive a transformative shift in the healthcare sector..." highlighting the long-term benefits of such preemptive measures.

Returning to consumer protection, the three ministerial decrees associated with the pricing policy will play distinct roles. Ministerial Decision No. 246 of 2024 will oversee the stability of prices for the identified essentials, preventing arbitrary increases without ministry approval. This decision establishes monitoring teams to review price fluctuations and address consumer complaints, ensuring fairness and transparency in the marketplace.

Al Saleh emphasized the importance of these precautions, aiming to safeguard the UAE market from sudden supply disruptions. The regulatory measures will take place alongside Federal Decree-Law No. (5) of 2023, which amended the country's Consumer Protection Law. Through these combined efforts, the government hopes to create balance among suppliers, retailers, and online merchants, maintaining product quality and availability.

Additional regulations will be applied to empower consumers. The Ministerial Decision No. 245 of 2024 focuses on promoting transparent pricing. Retailers are required to display unit prices prominently, enabling consumers to compare options effectively. Violations of these provisions will be subject to penalties, ensuring compliance among merchants.

To handle conflicts between suppliers and retailers, the Ministerial Decision No. 247 of 2024 introduces a Code of Conduct, aimed at fostering integrity and transparency within the consumer goods sector. Al Saleh reiterated the importance of collaboration with industry stakeholders to realize these objectives, reflecting the UAE’s commitment to creating sustainable economic growth.

On the health front, the mandatory genetic testing program is set to pave the way for early intervention for diseases, streamlining future healthcare. By building what officials describe as an integrated national genetic database, the UAE plans to proactively identify genetic illnesses, enhancing medical responses and public health strategies for the Emirati population.

The overarching goal of these initiatives ties back to the UAE's Centennial Vision 2071, which aspires to improve quality of life for all its citizens. The government is optimistic these changes will facilitate not only individual health benefits but also economic stability.

Such transformations come at a time when health and wellness are increasingly important to people, especially post-pandemic. The dual focus on consumer protection and public health reform suggests the UAE is taking proactive steps toward ensuring the well-being of its citizens.

Meanwhile, the spirit of the season also resonates throughout the UAE, with leaders extending their Christmas wishes to residents. His Highness Sheikh Mohamed Bin Zayed Al Nahyan expressed his heartfelt congratulations by stating, "May the spirit of this season bring harmony, prosperity, and goodwill to you and your loved ones." This sentiment echoed by His Highness Sheikh Mohammed Bin Rashid Al Maktoum highlights the unity and care within the UAE during festive times.

With the implementation of these significant policies and heartfelt messages from leaders, the UAE showcases its readiness to embrace both contemporary challenges and traditions. These initiatives are set to redefine consumer rights and healthcare standards, embodying a future-oriented approach for the nation.

Latest Contents
France Sees Surge In Christmas Gift Resales This Year

France Sees Surge In Christmas Gift Resales This Year

This Christmas, gift-giving habits took on a new dimension as many consumers opted to resell unwanted…
26 December 2024
Paris Hilton Celebrates Christmas 2024 With Family And Alpacas

Paris Hilton Celebrates Christmas 2024 With Family And Alpacas

Paris Hilton has certainly made waves this Christmas season with her vibrant and unique social media…
26 December 2024
KV Mechelen And Standard Share Spoils With Goalless Draw

KV Mechelen And Standard Share Spoils With Goalless Draw

KV Mechelen and Standard Liège kicked off their new year with disappointment as they played to a goalless…
26 December 2024
Trump Returns To Power Amid Dramatic 2024 Events

Trump Returns To Power Amid Dramatic 2024 Events

The 2024 news year has been marked by pivotal events, none more significant than the return of Donald…
26 December 2024