News
Prices rise for poultry and eggs on Ramadan eve
In a temporary move, the Ministry of Economy has approved an increase of up to 13 percent in the prices of eggs and other poultry products. The reasons are said to be supply-related.
The ministry said the increase is based on a resolution it issued on March 6, adding that the step was taken following a request submitted by a number of companies operating in the sector claiming that they had incurred significant losses over the last period as a result of higher production and shipping costs.
The price hike is said to be linked to supply due to losses for producers.
According to the Ministry, it conducted an analytical study to determine demand in collaboration with a specialised advisory team on the prices of egg and chicken products, which concluded that a justified increase could range between 13 and 20 per cent.
The study’s findings were then submitted to the Supreme Committee for Consumer Protection, which recommended that the raise be approved at a maximum rate of 13 per cent.
The Ministry made it clear that the price increase would help shield poultry and egg producers from the adverse effects of high production costs and lessen their impact.
This would ensure that the producers could continue to sell eggs and poultry products in the country’s markets at reasonable prices and in sufficient quantities to satisfy all consumer demands across the country without compromising supply chains and market efficiency.
“Should the grounds that gave rise to the resolution cease to exist, the resolution itself would cease to exist, considering the changes in the local, regional, and global marketplaces,” the ministry added.
Salik is taking another step beyond toll collection, announcing plans to introduce smart parking and vehicle access systems across three of Dubai’s major economic zones.
Under a new agreement with the Dubai Integrated Economic Zones Authority (DIEZ), the company will explore parking optimisation and access control solutions covering more than 21,000 parking spaces at Dubai Airport Freezone (DAFZ), Dubai Silicon Oasis and Dubai CommerCity.
The proposed systems are designed to improve traffic flow, reduce congestion, prevent misuse of parking spaces and make it easier for businesses, employees and visitors to move around the free zones.
The partnership marks the launch of a new business vertical for Salik as it continues expanding beyond its traditional road toll operations into wider mobility and digital transport services.
What will change?
The companies plan to integrate their technology platforms to create a connected parking and vehicle access system across the three zones.
Planned features include:
- Smart parking management
- Automated vehicle access control
- Improved traffic flow within free zones
- Better use of available parking spaces
- Unified operating standards across all three locations
Which areas are covered?
The project will span:
- Dubai Airport Freezone (DAFZ)
- Dubai Silicon Oasis
- Dubai CommerCity
Together, the three locations offer more than 21,000 parking spaces serving businesses, residents, investors and visitors.
No timeline has yet been announced for when the new systems will be rolled out.
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