Al Ittihad announced yesterday that it has allocated 110 million dirhams to reduce the prices of more than 25 thousand basic food and consumer goods on the occasion of Ramadan, ranging between 25 and 90%, while charging the value added tax on consumers on all goods included in Ramadan offers.

Tawuniya said in a press conference that the offers will last for 60 days, starting on April 25, and include basic products such as meat, poultry, canned food, fruits and vegetables. There is coordination with the supply companies to ensure the supply of goods covered in large quantities.

"The cooperative has allocated 110 million dirhams to launch an expanded initiative for Ramadan offers, including the reduction of the prices of more than 25 thousand items in various outlets of the cooperative, in percentages ranging between 25 and 90%," said Khalid Hamid Al-Falasi, Chief Executive Officer of the Federation. VAT on consumers on all goods covered by Ramadan reductions. "

"The association has decided to extend Ramadan discounts to 60 days through 10 different campaigns starting from April 25 to give more opportunities for consumers to purchase their needs from various commodities sufficiently," he said during a press conference held in Dubai yesterday. Whether before the month of Ramadan, or even before and after Eid al-Fitr. "

He pointed out that «there is coordination with the supply companies, to ensure the supply of goods covered by offers in large quantities, commensurate with the needs of consumers», noting that «cuts on a number of basic food commodities such as sugar, flour, rice, juices and drinks Ramadan, up to 90%» .

Al-Falasi said that "the price reductions will be at different rates of prices, including basic products such as meat, poultry, canned food, fruits, vegetables, laundry detergents, plastic products, cosmetics, household appliances and electrical appliances, and commensurate with the different needs of multi-national consumer segments."

He predicted that the cooperative will serve 2.5 million consumers during Ramadan campaigns and sell more than 70 million items with an expected total sales of AED 650 million during the campaign period, compared to sales of AED 600 million during Ramadan last year.

Al Falasi pointed out that «suppliers were agreed to supply the products 24 hours a day, seven days a week, as a proactive plan to eliminate any shortage possible, and will work in the branch of Al Wasl, Umm Suqeim, and the round around the clock, in conjunction with the month of Ramadan , To meet the requirements of consumers ».

"The e-store will provide more than 22,000 food and non-food items that shoppers can obtain through e-shopping and home delivery, which in turn will offer exclusive promotional offers as well as original Ramadan offers," Al Falasi said. .

Net profit

Khalid Al-Falasi, Chief Executive Officer of Etihad Airways, said: "The cooperative recorded a net profit of AED 138.5 million during the first quarter of this year, an increase of 26.5% compared to the same period last year." Union during the first quarter of 2019 is the best ever during the 37-year cooperative. "

110

Millions of dirhams were spotted

Cooperative Offers

Ramadan.

Ramadan Shows

Lasts 60 days,

As of April 25

Ongoing.