UAE : Sanctions for illegal price increase with the Iranian conflict

Featured image of the article UAE : Sanctions for illegal price increase with the Iranian conflict

An article by Sophie Baqué

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Publication

1 April 2026 à 16h23

Updated on 7 April 2026 à 10h18

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1 minute

Publication: 1 April 2026 à 16h23, Updated on 7 April 2026 à 10h18

Reading time: 1 minute

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An article by Sophie Baqué

Ajouter mind Retail à vos sources
Publication

1 April 2026 à 16h23

Updated on 7 April 2026 à 10h18

Reading time

1 minute

Publication: 1 April 2026 à 16h23, Updated on 7 April 2026 à 10h18

Reading time: 1 minute

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Faced with inflation caused by tensions with Iran, the UAE Ministry of Economy has intensified controls on basic commodities. Between February 28, 2026 – the start of the conflict – and March 17, the Ministry received 1,994 consumer complaints regarding price levels. Out of the 8,168 inspections carried out, 216 resulted in fines, ranging from €500 to €50,000, according to The National. The Ministry also issued 729 warnings against retailers, which had increased their rates illegally.

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Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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