Economy Minister confirms stable food prices, secure supply

WAM

The UAE Minister of Economy and Tourism, Abdulla bin Touq Al Marri, reaffirmed the country's ability to maintain sufficient food supplies and stable prices, during a tour of a leading national companies in the food manufacturing sector in Abu Dhabi on Tuesday.

He said the country remains well positioned to meet demand, citing advanced infrastructure, flexible supply chains and strong partnerships with the private sector.

His comments came during a visit to the Abu Dhabi Vegetable Oil Company (ADVOC), where he reviewed supply chain readiness and strategic stock levels of key commodities.

The minister stressed the UAE’s commitment to maintaining market stability and ensuring the availability of strategic goods in sufficient and safe quantities in line with regional and global developments.

In statements to Emirates News Agency (WAM), he said the Ministry continuously monitors market developments, affirming its commitment to price stability and reassuring the public that this stability will continue in the coming period.

He noted the UAE has a high level of readiness to address various scenarios to ensure uninterrupted availability of essential goods and added the Ministry of Economy and Tourism is set to issue decisions this week aimed at strengthening price monitoring mechanisms and enhancing market transparency.

He emphasised food security is a national priority and a red line, noting that the UAE’s long-term strategies have focused on building an integrated system that guarantees sustainable food supplies.

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