Top government official yesterday warned the producers of cement immediate action against those who are trying to destabilize market.
The Ministry of Economy (MoE) previously fixed the prices of cement at Dh17 per
Mohammad Ahmad Abdul Aziz Al Shehi, deputy to the MoE, said all manufacturers of cement in the UAE have to meet certain price.
Immediate measures, however, be taken with respect to all producers who do not comply with regulatory solutions ministry, which is aimed at stabilizing the market of cement, as well as regulate the cost of construction in the country and Dubai property.
Ministry, he added, will host a series of initiatives to increase the supply of cement in the local market, calling for companies to directly import cement.
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