Ajman DED has seized an engine oil factory in Ajman industrial area which produces counterfeited engine oil brands at a value of AED 20 million. Around 100,000 packages were confiscated and the factory was fined and immediately shut down.

Ajman DED has seized an engine oil factory in Ajman industrial area which produces counterfeited engine oil brands at a value of AED 20 million. Around 100,000 packages were confiscated and the factory was fined and immediately shut down.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable …