News EmiratiNews EmiratiNews Emirati
Font ResizerAa
  • Home
  • Politics
  • Business
  • Sport
  • Community
  • Security
Reading: UAE Ministry Introduces Real-Time Price Comparison Tool for Essential Commodities
Share
Font ResizerAa
News EmiratiNews Emirati
  • Politics
  • Business
  • Sport
  • Community
  • Security
Search
  • Home
  • Politics
  • Business
  • Sport
  • Community
  • Security
  • About
  • Corrections
  • Editorial Policy
  • Contact
News Emirati > Business > UAE Ministry Introduces Real-Time Price Comparison Tool for Essential Commodities
Business

UAE Ministry Introduces Real-Time Price Comparison Tool for Essential Commodities

NewsDesk
Last updated: August 5, 2026 12:57 pm
NewsDesk
Published: August 5, 2026
Share
UAE launches tool to compare essential goods prices | AI-Generated Image
SHARE

The Ministry of Economy and Tourism announced the launch of a digital platform that lets consumers assemble a customised basket of goods and compare overall costs at different outlets to secure the lowest prices available. The system additionally displays minimum and maximum prices for each product at individual stores. According to the ministry the tool collects and analyses pricing data in real time from the country’s largest retailers.

The Essential Goods Prices Platform strengthens market oversight, the Ministry of Economy stated. It tracks 33 products that include rice, sugar, eggs, bread, dairy items, cooking oil, meat, fish as well as fruits and vegetables. The first phase covers 17 core consumer categories together with 16 additional goods such as wheat, legumes, bottled water, bananas, apples, oranges, cucumbers, tomatoes, potatoes, garlic and onions.

Central Bank of the UAE figures place the inflation forecast for 2026 at 2.3 percent, aided by regulatory controls on staple food items that keep rises below global averages.[[1]](https://www.centralbank.ae/media/rafjunsc/qer_june_2026.pdf) The ministry has enforced a requirement since 2022 for suppliers and retailers to obtain prior approval before raising prices on essential goods. A related policy seeks to prevent unjustified increases, curb monopolistic practices and ensure that controlled profit margins are reflected in final sales prices.

Ministry of Economy and Tourism statistics show consumer complaints fell to 2,943 in 2023 after totalling 3,313 in 2022 and 4,718 in 2021. Increased prices represented only a small share of submissions while automotive and miscellaneous categories accounted for larger portions. The new platform is expected to further ease pressures by supplying transparent data that supports informed purchasing choices.

The initiative forms part of the ministry’s sustained monitoring of food prices and supply chains across the country. It seeks to promote competition among retailers while helping households manage living costs more effectively. Consumers can access the system through the ministry’s website to take advantage of its comparison features.

UAE Banking Assets Reach $1.49tn as Foreign Trade Hits $1.63tn
UAE Ministry Extends Corporate Tax Relief Window for Qualifying Small Businesses to 2029
ADGM Regulator Highlights Surge in Authorisations Amid Tech-Driven Oversight in 2025 Review
Standard Chartered Upgrades UAE 2026 GDP Growth Forecast to 5 Percent
UAE First-Half GDP Hits AED 961.9 Billion as Non-Oil Sector Grows 1.8 Percent
Share This Article
Facebook Email Print
Popular News
Sport

UAE Judo Federation Completes Arrangements for Abu Dhabi Grand Slam

NewsDesk
NewsDesk
October 17, 2026
UAE Conveys Condolences to Türkiye Following Deadly Floods in Istanbul and Marmara Region
Asian Paralympic Committee Forms Four-Year Alliance with BDH Foundation to Advance Para Sports
AED 1 Million AI Grandmaster Prize to Headline Dubai Future Week Challenge
UAE Ministry Expands International Academic Network with Leading Chinese University
Categories
  • Politics
  • Business
  • Sport
  • Community
  • Security
Quick Links
  • About
  • Corrections
  • Editorial Policy
  • Contact
News Emirati
© 2026 News Emirati. Published by Peninsula News Group LLC. All rights reserved.
  • Privacy Policy
  • Terms of Use
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?