“The Ministry of Health (MoH) is studying several proposals regarding the regulation prices of pharmaceutical products. Pegging of foreign currencies against the dirham is also under evaluation to ensure availability of medicines at affordable prices,” said Humaid Al Shamsi, Assistant Undersecretary for Pharmacy Supply in the MoH.
Al Shamsi said his ministry has prepared a list with the prices of medicines and the currency rates available in the market, and forwarded them to higher authorities requesting a revision.
“A decision is expected soon. The MoH thanks all drugs companies that offer discounts on prices of some medicines,” he said.
The decision will support the availability of most types of medicines and fight against the monopoly of essential medicines.
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Positive sentiment in the domestic equity markets and easing crude oil price also boosted the currency
Valid until December 3, participants that buy a car at any of the Marhaba Auctions’ branches will get the chance to enter a raffle draw to win two free cars
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