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Oil pinch hurt growing in the UAE as Uber, Sharjah Taxi take cues

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Kumar Shyam

The pinch on the pockets of the UAE residents is starting to hurt badly by the day with rising oil prices and its knockon effects.

As soon as the petrol and diesel prices went up by at least 50 fils for the month of July, ride-hailing company Uber has followed suit.

The company sent out an email on Friday to inform about the fare hike. Uber would charge as much as 11 per cent extra for some trips, the American company added.

The hike is Uber’s second this year in the UAE, after a hike in March but the UAE’s market-linked price for the black gold has continued unabated. The country opted for a dynamic pricing with global trends in 2015. But Russia’s attack on Ukraine has messed all economies around the world.

Yet, petrol in UAE is three times more expensive than in Kuwait and almost double the average cost per litre in the six-member Gulf Cooperation Council, according to a Bloomberg report.

Dynamic pricing

Uber is not alone with Sharjah Taxi also deciding to base their fares with the rise or fall of fuel prices with this month.

The Sharjah Roads and Transport Authority (SRTA) said the meter flag down rate will be increased or decreased every month in direct co-relation with the prices. Petrol prices in the UAE have jumped over 56 per cent since January 2022.

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Also read: UAE ranks first regionally and twelfth globally in growth potential
UAE petrol price to get costlier by 50 fils in July 2022
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Early last month, Suhail Al Mazrouei, Minister of Energy and Infrastructure, had admitted that prices could go higher as Chinese demand is likely to recover significantly while efforts by Opec+ to raise production were not yielding results fast enough.

The latest data showed Opec+ was running 2.6 million barrels a day short of its production target, Mr Al Mazrouei said at the Middle East and North Africa-Europe Future Energy Dialogue in Jordan.

He expects China, the world’s biggest importer and second largest economy, which has been easing its coronavirus lockdowns, to “come with more consumption”.

“With the pace of consumption we have, we are nowhere near the peak because China is not back yet,” Mr Al Mazrouei said. “The situation is not very encouraging when it comes to the quantities that we can bring. We’re lagging by almost 2.6 million barrels a day and that’s a lot.”

 

Dubai most expensive city in the Gulf

Meanwhile, Dubai has been ranked among the world’s most expensive cities to live and work in for expatriates this year, according to the Cost of Living survey by Mercer.

Dubai-expensive The study, which looks at how the rising cost of living has impacted workers’ financial wellbeing in 227 cities worldwide, placed Dubai in the 31st position.

The emirate, which has been seeing a growing influx of millionaires and demand for property recently, emerged as the costliest city in the Gulf Cooperation Council (GCC) region, beating out the neighbouring cities of Riyadh, which landed in the 103rd position, Jeddah (111th place), Manama (117), Muscat (119), Kuwait City (131) and Doha (133).

Crime

Don’t fall for it: Dubai Police warn against fake work-from-home job offers

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Looking for a side hustle? Be careful.

Dubai Police have warned residents not to fall for fake part-time job offers circulating on social media and messaging apps after uncovering a scam that tricked a young man into helping criminals move stolen money.

In a social media post, Dubai Police shared how the scam typically unfolds. The victim responded to an online advert promoting a work-from-home job with flexible hours and quick earnings. After being told he had been accepted, he was instructed to open a new bank account or use his existing one to receive and process what were described as customer payments.

Money was then deposited into his account, and he was instructed to transfer it to other bank accounts in exchange for a commission.

The scammers claimed he was working for an overseas financial services company, but investigators later discovered the transfers were linked to a criminal network.

The victim told police he believed the job was genuine and had no idea he was helping fraudsters.

How the scam works

Police said these scams usually begin with online job ads offering fast cash for simple tasks.

Victims may then be asked to:

  • Use their bank account to receive and transfer money.
  • Pay registration or activation fees.
  • Share personal or banking details.
  • Complete financial transactions for a commission.

Authorities warned that scammers often use unsuspecting people’s bank accounts to move illegally obtained funds, which could leave the account holder facing serious legal consequences.

How to stay safe

Dubai Police urged job seekers to:

  • Verify employers before accepting any job offer.
  • Never share bank details with unknown individuals or companies.
  • Avoid jobs that ask you to transfer money on behalf of others.
  • Ignore employers requesting upfront payments or registration fees.

Anyone who receives a suspicious job offer is encouraged to report it through Dubai Police’s eCrime platform or by calling 901 for non-emergency assistance.

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Dubai residents in Al Satwa, Al Quoz and Mirdif can now book Bus-On-Demand rides

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Getting around Dubai without a car just became a little easier.

Dubai’s Roads and Transport Authority (RTA) has expanded its Bus-On-Demand service to Al Satwa, Al Quoz and Mirdif, taking the total number of neighbourhoods covered across the city to 20.

The app-based service is designed to make short trips quicker and more convenient by connecting residential communities with nearby Metro stations and public transport hubs.

The expansion comes as more residents continue to use the service. During the first six months of 2026, Bus-On-Demand carried more than 527,000 passengers, a 25.1 per cent increase compared to the same period last year.

June was the busiest month so far, with 105,990 passengers using the service.

To meet growing demand, the RTA has increased the fleet to 55 buses while expanding the service area by 54 per cent.

How to book

Booking a ride is simple. Download the Dubai Bus-On-Demand app, create an account and choose your pick-up and drop-off locations.

Passengers can pay using credit cards, debit cards or nol cards directly through the app.

Areas covered

The service is now available in:

  • Al Barsha
  • Al Nahda
  • Dubai Silicon Oasis
  • Dubai Academic City
  • Al Rigga
  • Port Saeed
  • Business Bay
  • Downtown Dubai
  • Oud Metha
  • Al Karama
  • Barsha Heights
  • Al Mankhool
  • DIFC
  • Al Warqaa
  • Dubai Investment Park
  • Jumeirah Village Circle (JVC)
  • Al Qusais
  • Al Satwa
  • Al Quoz
  • Mirdif

The RTA says it will continue expanding the service as part of Dubai’s plan to make public transport smarter, more convenient and more sustainable.

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Rain hits parts of UAE as NCM warns of more showers

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Rain continued to sweep across parts of the UAE on Wednesday, with showers reported in Bada Zayed in Abu Dhabi’s Al Dhafra region in the afternoon and early evening in Siji, Fujairah, as unstable weather conditions persisted.

The rainfall comes as convective clouds continue to develop across several parts of the country, creating the potential for more showers through the evening.

The National Centre of Meteorology (NCM) said unstable weather is expected until 10pm, with convective clouds likely to bring rainfall of varying intensity, strong winds and reduced visibility in some areas.

Residents in affected areas are advised to stay updated with the latest weather alerts and drive carefully, as sudden rain and blowing dust could impact road conditions.

Weather maps show the heaviest cloud cover over large parts of Al Dhafra, with additional cloud formations developing over parts of Al Ain and the Ras Al Khaimah-Fujairah border.

Videos shared on social media showed rain falling in the UAE on Wednesday afternoon, with local weather trackers reporting good rainfall across the area.

The NCM has advised residents in affected areas to stay updated with the latest weather alerts, as convective clouds can develop quickly and may bring sudden showers, gusty winds and blowing dust.

Forecasters continue to monitor the situation and are expected to issue further updates if weather conditions change.

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