Dubai: Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of Dubai Executive Council, issued a resolution regulating markets affiliated with Dubai Municipality (DM).
The resolution aims to drive forward economic development in the emirate, achieving food security, preserving public health and safety, as well as ensuring a strategic stock of commodities and vital products.
The resolution also aims to regulate the trade in products and commodities by establishing specialised markets for them. The municipality’s powers include specifying the types of products that are allowed or prohibited to be sold in these markets. The municipality can specify the prices and financial compensation for some or all services and activities provided in these markets. It will also supervise seasonal marketing activities being held in the markets, whether these activities have been organised by the municipality or any other party. Studies concerning the traffic flow’s impact on the market’s location, and the approval of these studies from the authorities concerned, also fall under the municipality’s responsibility.
No person is allowed to organise activities in the markets without receiving a permit from DM or the government bodies concerned. Tenancy contracts for stores located in these markets will be signed with DM.
The municipality’s powers include managing, supervising and regulating the markets, and all matters pertaining to the market’s operations and its workforce, equipment and facilities. It will also put in place terms and conditions to regulate the market’s operations without disrupting the authority or powers of relevant government bodies, such as Dubai’s Department of Economic Development that issues commercial licences and permits.
Attached to the resolution is a list of administrative penalties and fines for people who fail to comply with its provisions.
