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 President and NATO Secretary General discuss regional developments
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call on Monday with Mark Rutte, Secretary General of the North Atlantic Treaty Organisation (NATO), to discuss the ongoing military escalation in the region and its implications for regional and international security.
UAE air defences intercept 7 missiles, 16 drones on Monday
The UAE air defences have intercepted 7 ballistic missiles and 16 drones launched from Iran on Monday, an update from the Ministry of Defence confirmed.
UAE President meets with France's Armed Forces Minister in Abu Dhabi
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan discussed strengthening defence ties with Catherine Vautrin, Minister of the Armed Forces and Veterans Affairs of France, during a meeting in Abu Dhabi on Monday.
UAE condemns the targeting of a hospital in Sudan's Darfur
The United Arab Emirates, on Monday, strongly condemned and denounced the strike on a hospital in East Darfur in Sudan, which resulted in 64 deaths and injuries to 89 people.
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