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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).

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UAE weather alert: Rain, thunder and lightning set to return, residents should prepare for another stormy week

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Just when things seemed to calm down, the weather in the UAE may be gearing up for another dramatic shift.

Forecasters are warning that rain could make a comeback this week, following last month’s intense mix of thunderstorms, lightning, and strong winds that swept across the country.

Stormy reminder from last month

Residents in Dubai, Abu Dhabi, and beyond still remember the early hours of March 27, when thunder and flashes of lightning lit up the skies.

One viral moment stood out, a lightning strike near the iconic Burj Khalifa, captured on video and widely shared online.

Rain could return this week

According to the National Centre of Meteorology (NCM), scattered showers are expected on:

  • Monday, April 6
  • Thursday, April 9
  • Friday, April 10

Looking ahead, even more rain could be on the way. Weather app are predicting showers over the weekend (April 11–12), especially in Dubai and Abu Dhabi.

Why this unpredictable weather

The weather in the UAE can change quickly. Rain systems can build or fade within hours, meaning one area could see heavy showers while another stays completely dry. Sudden gusts of wind can also add to the drama.

While it may not be a full-blown storm, it’s a good idea to stay prepared. Keep an eye on forecasts, especially if you’re planning travel or outdoor activities.

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Education

UAE schools go fully online: Admissions, tests and seat booking now just a click away

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Applying to school in the UAE just got a major tech upgrade, and parents are loving the convenience.

Private schools across the United Arab Emirates have confirmed that enrolment for the upcoming academic year is running smoothly through fully digital systems, allowing families to complete everything, from applications to assessments, without stepping on campus.

From application to admission, all online

School officials say parents can now submit student details via official portals, book interviews, and even complete placement tests online.

  • Younger children typically attend virtual interviews via platforms like Google Meet or Zoom
  • Students applying for higher grades must pass online placement tests under strictly monitored conditions

If accepted, seat reservation fees can be paid digitally and later adjusted against tuition costs.

Virtual tours replace campus visits

To help families make informed decisions, many schools are offering virtual tours, showcasing facilities like sports fields, science labs, art rooms, and more, bringing the campus experience straight to your screen.

Strict rules still apply

Despite the convenience, schools are keeping standards tight. Admissions depend on:

  • Assessment performance
  • Age requirements
  • Availability of seats
  • Complete and accurate documentation

Parents are also required to authorise schools to verify academic records from previous institutions. Missing or incorrect information—especially regarding special educational needs—could lead to delays or even rejection.

Direct support for parents

Schools have also introduced dedicated online communication channels to guide parents through the process, making it easier to resolve queries quickly.

Why it matters

With everything moving online, the UAE’s education sector is embracing a more flexible, efficient, and accessible future, saving time for parents while maintaining strict admission standards.

But one thing hasn’t changed: applying early and accurately still makes all the difference.

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Business

Dubai’s surprise lifeline for SMEs: Rent cuts, fee waivers and big relief announced

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In a major boost for small businesses, Dubai South has rolled out a powerful new support package, offering financial relief and flexibility to help SMEs stay resilient in a shifting market.

The initiative, targeting companies based in the Business Park, introduces rent-free incentives tied to contract renewals, along with more flexible payment deferrals and even the waiver of minor administrative penalties. In a move likely to be welcomed by business owners, current rental rates will also be locked in for eligible renewals.

Real relief for growing businesses

The package is designed to ease operational pressure on SMEs, widely seen as the backbone of Dubai’s economy, while giving them room to grow and adapt.

Officials say the measures won’t be static either. Instead, they’ll be continuously reviewed and adjusted to keep pace with changing market conditions. 

In a major move last week, Dubai approved economic facilitation measures worth Dh1 billion, set to support businesses for the next three to six months starting April 1. The goal? Immediate relief in a fast-changing market.

Big players step in

Support isn’t just coming from the government.

  • du is focusing on keeping SMEs connected, ensuring uninterrupted digital access, which has become a lifeline for many businesses.
  • Retail giant Majid Al Futtaim, in collaboration with Dubai SME, has launched the Ma’an” programme to strengthen the wider business ecosystem.
  • Dubai’s Alserkal Avenue has introduced “Blank Space”, offering selected UAE-based collectives free warehouse space for four weeks, along with utilities and marketing support, a rare opportunity for creatives to experiment and grow without financial pressure.

From billion-dirham stimulus packages to free workspaces and digital support, Dubai is building a safety net, and a launchpad, for its SME sector.

The move aligns with Dubai’s broader push to maintain economic stability and strengthen its position as a global business hub. Supporting SMEs is a key part of that vision, as these businesses drive innovation, job creation, and long-term growth.

Timely support matters

Commenting on the initiative, Nabil Al Kindi said the goal is to provide “practical and timely support” while ensuring a stable environment for businesses to thrive.

With rising costs and global uncertainty impacting businesses everywhere, this package could be a game-changer for many SMEs, offering not just relief but a chance to plan with confidence.

For businesses in Dubai South, support is here, and it’s designed to keep you growing.

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