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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).

Education

Driving through school zones? Slow down say Abu Dhabi Police

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Authorities in Abu Dhabi are reminding motorists to exercise extra caution when driving near schools, highlighting the risks posed by distractions and heavy traffic during peak hours.

Abu Dhabi Police stressed the importance of staying fully focused on the road, particularly during morning drop-offs and afternoon pick-ups, when congestion and pedestrian activity increase significantly.

Drivers have been advised to reduce speed, respect pedestrian crossings and come to a complete stop when school bus stop signs are displayed. Officials warned that using mobile phones or engaging in other distractions while driving can pose serious dangers to students and other road users.

Police also emphasised that road safety is a shared responsibility, calling on parents and the wider community to support safe driving practices and help create a secure environment around schools.

Authorities added that awareness and enforcement campaigns will continue as part of broader efforts to enhance road safety and community wellbeing across the emirate.


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Dubai drivers could save time as new RTA project targets bottlenecks

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Authorities in Dubai have unveiled an extensive road development project aimed at easing congestion and significantly reducing travel times across some of the city’s busiest corridors.

The initiative, led by the Roads and Transport Authority (RTA), will focus on upgrading key routes, including Umm Suqeim Street, Al Wasl Road, and Al Safa Street, as well as improvements to seven major intersections along Jumeirah Street.

The project will feature a network of bridges and tunnels spanning approximately 11km, in addition to road widening works designed to increase traffic capacity and improve flow across the city.

Faster journeys on key routes

Upgrades to Al Wasl Road will extend 15km and include the construction of five tunnels, with travel times expected to drop by up to 50 per cent. Capacity along the route will increase from 8,000 to 12,000 vehicles per hour in both directions.

Meanwhile, improvements on Al Safa Street are set to dramatically cut journey times from 12 minutes to just three minutes. The plan includes two bridges and two tunnels, doubling road capacity to 12,000 vehicles per hour.

Expansion on Umm Suqeim Street

Six major intersections along Umm Suqeim Street will also be redeveloped, including links to Sheikh Zayed Road and Al Khail Road. The upgrades will include four bridges and two tunnels, alongside additional lanes and improved connections to surrounding areas.

Wider network improvements

The project also covers key junctions along Jumeirah Street, including intersections at Al Thanya Street, Al Manara Street, Umm Al Sheif Street, Al Urouba Street, 39B Street, Al Hudaiba Street and 2nd December Street.

Officials say the development is part of ongoing efforts to future-proof Dubai’s infrastructure, improve mobility and accommodate continued urban growth.

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Dubai rolls out new patrol unit to monitor e-scooters, bikes and cycles

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Authorities in Dubai are stepping up efforts to improve road safety with the launch of a dedicated patrol unit to monitor the use of e-scooters, e-bikes and bicycles across the city.

The new Personal Mobility Monitoring Unit, introduced by Dubai Police in collaboration with the Roads and Transport Authority, will begin operations on May 1.

Major roads, neighbourhoods to be patrolled

Officers will patrol key cycling tracks, major roads and soft mobility zones, including Jumeirah Beach Track, Mohammed bin Rashid Boulevard, Dubai Water Canal, Business Bay and Dubai Marina. Monitoring will also extend to residential areas such as Al Mankhool, Al Karama, Al Hamriya, Al Raffa and Al Muraqqabat.

Fine for violations

The unit will ensure that riders follow safety regulations, including using designated tracks, wearing helmets and protective gear, and adhering to speed limits. Violators may face fines, while those caught riding recklessly or carrying passengers on e-scooters could have their vehicles impounded.

Officials say the initiative is part of broader efforts to enhance safety as the use of personal mobility devices continues to grow across the emirate.

Major General Saif Muhair Al Mazrouei said the unit will support the goal of achieving the highest levels of traffic safety in the city.

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