Economics
UAE Considers Cap on Food Prices as Global Crop Costs Soar
- Nation may control prices for chicken and milk, says minister
- Food firms are ‘flooding’ UAE with requests to enter country
A worker picks ripe tomatoes in a smart greenhouse in Nahil, United Arab Emirates.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
The United Arab Emirates is considering price controls on some foods, as soaring crop prices affect countries across the world.
The Persian Gulf nation could place price caps on chicken and milk, said Mariam Almheiri, the country’s minister of state for food and water security.