Egypt Zones accountACCOUNT

Abu Dhabi: Department of Economic Development Enforces Amendments to Its Table of Fines

Source: www.export-egypt.com 7/18/2017, Location: Middle East

Share |
The Department of Economic Development, Abu Dhabi, has announced the enforcement of amendments made to its Table of Fines in line with the Abu Dhabi Executive Council Resolution No. 47 for 2017 on the violations relating to businesses or establishments licensed for economic activities as per Article 6 of Law No 2 of 2009.

The amendments come in response to the DED monitoring of repeated violations committed by establishments licensed for economic activities in the Emirate of Abu Dhabi, said Mohamed Munif Al Mansouri, the Acting Executive Director of Abu Dhabi Business Centre for Business, an DED affiliate, noting that the new additions are premised to curb wrongful practices that fly in the face of economic laws and regulations applied in the emirate and ultimately help reinforce the investment-friendly environment in the country.

They cover those violations made by establishments licensed for economic activities, or at their premises, advertising hoardings, advertisements and trademarks, as well as those related to trade fraud, consumer protection, activities of their vehicles, along with the infringements relating to industrial establishments licensed by the Industrial Development Bureau, he added.

Al Mansouri called upon all establishments to carefully go through the new amendments and to abide by relevant regulations in order to avoid such fines which range between formal warnings and varying fines as per the nature of violation.

Mr. Al Mansouri added that most of the fines are issued for activities carried out without obtaining required permissions and licenses or against those owning, marketing, producing, or purchasing fake or counterfeit goods, materials or products from unlicensed vendors, a market, or from outside the country for the purpose of marketing the same inside the UAE, and the selling, displaying, or owning of consumables or non-consumables or services that do not conform with the local standards and specifications, which could thus harm public or consumer health.

Financials and Investment News in United Arab Emirates >>

Egypt >>  9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.

Egypt’s pavilion has more than...

Egypt >>  9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...

Egypt >>  9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
Egypt >>  9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.

E...


Egypt >>  9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
Egypt >>  9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...




United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 |

More News

Oil & Gas Companies in United Arab Emirates >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.