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UAE announces increase in prices of eggs

BY Anas Shah Mar 18, 2023. 09:24 pm UPDATED: Mar 18, 2023. 09:24 pm

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The UAE will only increase egg and poultry product prices by a maximum of 13%. However, the price increase was made clear by the Ministry of Economy on Saturday and will only last for six months.

The increase, according to the ministry, is in accordance with a resolution it issued on March 6 as part of its efforts to ensure a harmonious relationship between merchants and consumers and to uphold food security.

It also stated that this action was taken in response to a request made by several businesses in the industry, who claimed that they had suffered significant losses over the previous time period due to high production costs, production inputs from imported materials like fodder and other materials, and shipping costs.

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