AJMAN // Officials will conduct spot checks on gas distributors during Ramadan, and those caught increasing their prices will be fined up to Dh100,000 (US$27,200).
"We are trying to get strict on gas traders. We want to regulate their business because every one [is setting] his own prices and raising them at will," said Mohammed al Marzouqi, head of the licensing department at the municipality.
The initiative is being rolled out during Ramadan to control prices during the holy month, but the fines will remain in place until prices stabilise, officials said.
Gas distributors were also warned about half-filling cylinders; those caught doing so will face fines.
Prices through the year are generally around Dh50 for a small cylinder of gas, Dh80 for a medium cylinder and Dh150 to Dh160 for a large cylinder, according to Mr al Marzouqi.
Taqiudin Ahmed, 40, who lives in Rashidiya, said a medium cylinder that cost him Dh85 just two months ago recently increased to Dh110.
In Sharjah, those caught raising gas prices can be fined up to Dh50,000, according to Khalid Saif, director of price control and consumer protection at Sharjah Economic Development Department.
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
SPECS
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Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
Persuasion
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Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY%20PROFILE
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