Abdulla bin Touq Al Marri, UAE Minister of Economy and Tourism, stated that food supplies remain stable with abundant fruits and vegetables leading to falling prices. He attributed this to new shipments from various countries and expects the trend to continue. The remarks came during an inspection tour at Dubai's Al Aweer market.
Dubai: Abdulla bin Touq Al Marri, Minister of Economy and Tourism, affirmed the stability of food supplies in the UAE during an inspection tour on Monday at the Fruit and Vegetable Market in Al Aweer, Dubai. Speaking to the Emirates News Agency (WAM) on the sidelines of the visit, he noted a significant abundance of products in fruit and vegetable markets alongside a noticeable decline in prices.
The minister attributed the price decrease to the continuous inflow of new shipments of agricultural products and crops from various countries around the world. He expected the downward trend to persist over the coming days as additional supplies arrive. The tour aimed to review market activity, monitor price levels, assess product availability, and ensure the market's readiness to meet the country's food needs.
Bin Touq explained that the market situation reflects a large supply of crops from global sources, with prices recording a clear decline. Some commodities are now sold at lower prices than recorded just a few days ago. During the visit, he reviewed the unloading of several new food shipments, and traders confirmed that operations are ongoing and will continue in the coming days.
Traders indicated that these additional shipments of essential food commodities will increase market supply, supporting further price reductions for consumers' benefit. In concluding remarks, Bin Touq urged consumers to remain calm, purchase only their actual needs, and avoid excessive stockpiling. He stressed that products are available and accessible with no shortages, and the Ministry continues to monitor market conditions, address complaints, and tackle challenges.
Separately, amid potential regional trade disruptions, the UAE is reinforcing supply chains with retailers submitting daily stock reports, securing alternative logistics, and using chartered cargo planes for essential commodities, with the government absorbing increased freight costs.