Industry keeps markets stable despite disruptions
The Ministry of Industry, Trade, and Supply confirmed that the proactive measures it has implemented in recent times have contributed to stabilizing local markets and ensuring the availability of essential goods, despite supply chain disruptions and the geopolitical challenges resulting from the blockade of the Strait of Hormuz. It indicated that the strategic stockpiles of food supplies, including wheat and oil, remain within safe levels, with ongoing coordination between the private and public sectors to ensure continuous supply to markets without interruption. Additionally, the regulatory sector has carried out intensive inspection rounds to ensure compliance with price regulations, curb unfair practices, protect consumer rights, and enhance food security.
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