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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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Dubai opens two new bridges linking Al Asayel Street to Al Khail Road

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Dubai motorists have a smoother commute ahead as the Roads and Transport Authority (RTA) has opened two new bridges connecting Al Asayel Street with Al Khail Road via Al Wasl Club Street.

The bridges are part of the Oud Maitha and Al Asayel Streets Development Project, which falls under the wider Sheikh Rashid Corridor Development Project aimed at easing traffic and supporting Dubai’s growing population.

What the new bridges do

The newly opened bridges improve traffic flow at key junctions in the Oud Maitha area:

  • Bridge 1: Carries traffic from Al Asayel Street towards Al Wasl Club Street
  • Bridge 2: Connects Al Asayel Street to Al Khail Road heading towards Business Bay Crossing

According to RTA, the first bridge features two lanes with a capacity of about 2,400 vehicles per hour, helping ease traffic at the intersection with Oud Maitha Street and Al Wasl Club Street.

The second bridge, also with two lanes, can handle around 3,000 vehicles per hour, improving connectivity between Al Asayel Street and Al Khail Road.

Major road project nearing completion

The authority said 72% of the overall development project has now been completed, while 70% of tunnel construction work is also finished.

The upcoming tunnel will serve vehicles travelling from Dubai–Al Ain Road towards the Oud Maitha service road.

Additional road expansions and bridge structures are currently under construction and are expected to open in the third quarter of 2026.

Faster journeys for drivers

Once completed, the project is expected to significantly improve traffic movement in the area.

  • Road capacity on Oud Maitha Street will increase from 10,400 vehicles per hour to 15,600 vehicles per hour
  • This represents a 50% increase in traffic capacity
  • Average travel time will drop from 20 minutes to just 5 minutes, a 75% improvement

The improvements aim to make daily commuting faster and support Dubai’s long-term infrastructure growth.

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Sharjah delays new academic year for Indian, Pakistani schools to March 30

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The Sharjah Private Education Authority (SPEA) has announced that the start of the 2026–2027 academic year for private schools following Indian and Pakistani curricula in Sharjah has been postponed.

According to a circular issued to schools on Thursday, students will now begin classes on March 30, 2026, instead of the previously scheduled March 23.

Remote exams scheduled

SPEA said students may sit for examinations remotely between March 9 and March 12.

The authority explained that the decision came after requests from schools submitted through the Council of School Principals, and after reviewing the justifications provided by school administrations.

Temporary guidelines for schools

The authority also issued new instructions regarding school access for staff and parents.

Some administrative and teaching staff may be present on campus, but their number must not exceed 15 employees and should be limited to operational needs.

Parents will also be allowed to visit schools to collect uniforms and books, but only according to numbers and schedules set by the school administrations.

Schools asked to update parents

SPEA has asked school administrations to make the necessary internal arrangements and inform students and parents about the revised schedule.

The move aims to ensure smooth preparations before the start of the new academic year.









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UAE emergency alerts explained: What to do when you receive a mobile notification

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Authorities in the UAE have reminded residents to follow safety instructions when emergency alert sirens are activated across the country. Officials say some people stop to film videos during alerts, which can put lives at risk.

The Ministry of Interior (MoI) has urged residents to prioritise safety and follow official instructions they receive on their mobiles, warning that ignoring alerts or failing to comply with guidance may lead to legal accountability.

Here is a simple guide for residents on what UAE warning signals mean and what to do if you hear them.

1. Warning signal (Danger alert)

When this signal is activated, it means there may be a potential danger at a national or local level.

What residents should do

  • Move immediately to the nearest safe place or shelter
  • Stay indoors and avoid going outside
  • Follow instructions from official authorities
  • Do not stop to film or share videos

Authorities say the alert is issued to protect lives, so residents should act quickly and calmly.

2. Out of danger signal

This signal is issued when the threat has passed or the situation has been brought under control.

What residents should do

  • They can return to their homes or normal activities
  • Continue to follow updates from official sources if needed

3. Important announcement signal

This alert indicates that authorities will share important information or instructions with the public.

What residents should do

  • Immediately listen to local radio or official media channels
  • Check government announcements for updates
  • Follow any instructions issued by authorities

If you are driving during an alert

Authorities advise motorists to:

  • Continue driving to their destination
  • Once you arrive, go to the nearest safe place or shelter
  • Avoid stopping your vehicle to film the alert

Why authorities issue reminder

The UAE’s public warning system, operated by the National Emergency Crisis and Disaster Management Authority (NCEMA) and Civil Defence, uses sirens placed across the country and mobile alerts to warn residents of potential threats. Officials stressed that public cooperation is essential to ensure safety during emergencies.

Residents are encouraged to stay calm, follow instructions, and prioritise personal safety when an alert is issued.

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