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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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What the UAE’s new poultry Premium Mark label means for shoppers

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Chicken shopping in the UAE is about to change, with a new government-backed Premium Mark set to appear on selected locally produced poultry products from June.

The initiative, launched by the Abu Dhabi Quality and Conformity Council (ADQCC), aims to help shoppers quickly identify chilled chicken products that meet higher standards for food safety, quality, sustainability and production practices.

Retailers say UAE consumers are becoming far more selective about what they buy, especially when it comes to fresh poultry.

The certification will apply to producers that meet advanced standards across the poultry supply chain, including farming methods, feed quality, inspections and final product quality.

The rollout will begin in phases from June with selected Abu Dhabi poultry producers. Participation is voluntary, but industry players believe the label could strengthen consumer confidence in UAE-made products and help local brands compete more strongly against imported premium poultry.

Officials also said the framework could later expand to include eggs, dairy and red meat products.

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Gukesh vs Carlsen: Norway Chess rivalry set for explosive new chapter in Oslo

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As Norway Chess 2026 gets underway in Oslo, all eyes are once again on the growing rivalry between D. Gukesh and Magnus Carlsen, a clash that has become one of modern chess’s biggest storylines.

Tournament organisers have confirmed the reigning world champion and former world number one will face each other twice during this year’s event, first on May 28 and again on June 5.

The rematch already carries extra intrigue after last year’s dramatic showdown, when Carlsen reacted emotionally after losing to the teenage Indian sensation, a moment that quickly went viral across the sporting world.

Speaking ahead of the tournament, Gukesh kept things calm when asked whether he expected another fiery reaction from the Norwegian superstar.

“My job is to play chess. That is within my control,” said the 19-year-old world champion, who turns 20 later this week.

But the Indian grandmaster also admitted that moments of emotion and rivalry are helping chess attract a wider audience globally.

“Chess players generally don’t show a lot of emotions, but when it did happen, a lot of people got attracted to chess,” Gukesh said. 

“I feel that chess players generally expressing more is fun to watch.”

This year’s tournament also marks a major commercial moment for the sport. Earlier this year, Erling Haaland invested in Norway Chess and its new Total Chess World Championship Tour project, another sign of chess crossing deeper into mainstream global sport.

The event has also started building stronger Gulf connections. Last year’s Norway Chess Open featured Rouda Al Serkal, the GCC’s first woman grandmaster, reflecting the UAE’s growing presence in international chess.

The 2026 edition features another elite field in both the Open and Women’s tournaments.

In the Open section, Carlsen opens against Alireza Firouzja, while Gukesh begins his campaign against Vincent Keymer. R Praggnanandhaa will face Wesley So.

The women’s competition includes reigning world champion Ju Wenjun, Koneru Humpy, Anna Muzychuk and rising Indian star Divya Deshmukh.

Running until June 5, Norway Chess continues to position itself as one of the sport’s premier events, blending elite competition, viral rivalries and growing global appeal far beyond the traditional chess audience.

Photo credit: Norway Chess / Michal Walusza

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Begging scams and illegal butchers under Dubai Police watch this Eid

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Dubai Police has warned residents against dealing with beggars and itinerant butchers during Eid Al Adha, revealing that authorities arrested 50 people linked to begging and illegal slaughter activities during last year’s holiday period.

Police said some individuals attempt to exploit the festive season and people’s generosity through traditional street begging, online scams and unlicensed slaughter services operating in residential areas.

Brigadier Ali Salem Al Shamsi, Director of the Criminal Phenomena Department at Dubai Police, said anti-begging campaigns are being intensified in cooperation with strategic partners to tackle illegal activities that negatively impact public safety and the emirate’s image.

According to police, begging methods now extend beyond mosques and public markets to include electronic begging, fake donation requests and fraudulent humanitarian appeals shared online.

Authorities warned that some beggars use children, elderly individuals, sick people and people of determination to gain sympathy and collect money illegally.

Dubai Police also urged residents to donate only through officially recognised charities and approved humanitarian organisations to ensure funds reach legitimate causes.

Alongside the anti-begging warning, police cautioned the public against hiring itinerant butchers during Eid Al Adha, citing serious hygiene and public health risks.

Officials said illegal butchers often slaughter animals in unsanitary locations using unsterilised equipment, moved from house to house without proper cleaning or health supervision.

Residents have been urged to report beggars or illegal butchers by calling 901 or through the “Police Eye” feature on the Dubai Police smart app. Cases of online begging and fraud can also be reported through the e-Crime platform.

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