The UAE is slashing the prices of as many as 410 medicines by up to 77 per cent.
These are generic drugs used for treating cardiovascular diseases, hypertension, cholesterol and angina.
The Ministry of Health and Prevention has held talks with various pharmaceutical companies to implement the changes.
The price reductions come into effect from September 15.
UAE contains tanker oil spill as coastal cleanup continues
The UAE has confirmed that the oil spill from the tanker GEM No. 2 has been contained, as authorities continue environmental remediation efforts along affected coastlines.
H.H. Sheikh Mohammed reviews AED 500 million Arab Reading Challenge Endowment
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed plans and implementation stages of the AED 500 million Arab Reading Challenge Endowment project, which will be developed by Sobha Realty in Dubai.
UAE takes action over alleged national service violations, abuse of authority
The UAE's Military Attorney-General has ordered the referral of a number of defendants to the Military Criminal Court over allegations of abusing official authority to unlawfully obtain exemptions from national and reserve service.
UAE regulator fines bank AED 200 million over compliance failures
The Central Bank of the UAE (CBUAE) has imposed a financial penalty of AED 200 million on a branch of a foreign bank operating in the country for repeated failures in anti-money laundering controls, governance and compliance.
Dubai Police arrest 6 people in AED 2.6 million virtual assets scheme
Dubai Police have arrested a six-member ring that deceived a victim into paying AED 2.6 million through a fraudulent digital currency trading deal via an unlicensed exchange.
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