The country houses 116,500 millionaires, 308 centi-millionaires with $100 million in wealth, and 20 billionaires, according to Henley and Partners
The UAE authorities have seized large quantity of counterfeit printer cartridges from a warehouse complex in Ajman.
During a raid conducted in cooperation with US technology firm HP, over 72,000 counterfeit items were seized, according to HP officials.
The raids in the UAE follows a series of successful raids in November and December 2020 which saw HP shutting down several counterfeit operations in Egypt, seizing 8,500 fake items.
“The successful collaboration with local authorities to seize fake goods from the UAE market is reflective of the effectiveness of HP’s anti-counterfeiting and fraud programme and highlights our commitment to ensure customers receive the best experience — from quality to reliability — with original print supplies,” said Vishnu Taimni, vice-president and managing director of Middle East, Turkey and East Africa at HP.
He said illegal imitations can cause a multitude of problems that can lead to performance and reliability issues for customers. Using counterfeit printer ink or toner can damage the printer and create difficulty with the manufacturer’s warranty.
Across Europe, the Middle East and Africa (EMEA) over the last five years, approximately 12 million HP counterfeits and components have been seized by local authorities.
waheedabbas@khaleejtimes.com
The country houses 116,500 millionaires, 308 centi-millionaires with $100 million in wealth, and 20 billionaires, according to Henley and Partners
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