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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 declares June 15 public holiday for Islamic New Year

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The UAE has officially declared Monday, June 15, 2026, a public holiday for both public and private sector employees to mark the Islamic New Year 1448.

The announcement was made by the Federal Authority for Government Human Resources and the Ministry of Human Resources and Emiratisation, confirming a paid day off for workers across the country.

Normal working hours will resume on Tuesday, June 16.

As the holiday falls on a Monday, most employees who enjoy a Saturday-Sunday weekend will benefit from a three-day break.

For government employees in Sharjah, the holiday will create an even longer weekend. With the emirate’s four-day workweek already providing Fridays, Saturdays and Sundays off, the additional Monday holiday means a four-day break.

The Islamic New Year, also known as the Hijri New Year, marks the beginning of a new year in the Islamic lunar calendar. It falls on the first day of Muharram, the opening month of the Hijri calendar, and is traditionally confirmed through official moon-sighting procedures.

The occasion is one of the UAE’s official public holidays and is observed by both government entities and private sector companies.

The announcement comes shortly after residents enjoyed the longest holiday period of the year during Eid Al Adha.

Earlier this month, government employees benefited from an extended nine-day break, while many private sector workers received up to six days off.

With June 15 now confirmed as a public holiday, UAE residents have another long weekend to look forward to before the summer holiday season gets underway.

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Education

Dubai schools to receive surprise KHDA inspections§

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Dubai’s private schools will face short-notice inspections from the 2026-27 academic year under a revamped quality assurance framework announced by the Knowledge and Human Development Authority (KHDA).

Under the new approach, schools will receive no more than 24 hours’ notice before inspectors arrive, marking a significant shift in how education quality is monitored across the emirate.

KHDA said the updated system will include two types of visits. Full inspections will be carried out by teams of specialist education experts, while shorter monitoring visits will focus on specific areas of school performance and quality assurance.

Return of formal inspection

The move signals the return of formal inspection activity after KHDA paused inspections during the 2025-26 academic year. At the time, the authority said the break would allow for greater collaboration with schools and a review of how educational quality is assessed and supported.

The new model aims to provide a more responsive and differentiated approach to evaluating schools, with visits designed to offer a clearer picture of day-to-day operations and educational standards.

Dubai’s private school sector serves hundreds of thousands of students across a wide range of international curricula, making quality assurance a key part of maintaining educational standards and supporting continuous improvement.

Further details on how the inspection and monitoring framework will operate are expected ahead of the 2026-27 academic year.

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Health

Dubai plans faster medical visas under new health tourism plan

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Patients travelling to Dubai for medical treatment could soon enjoy a faster and more seamless experience under a new partnership between the General Directorate of Identity and Foreigners Affairs (GDRFA Dubai) and the Dubai Health Authority (DHA).

The two entities have signed an agreement aimed at streamlining medical visa procedures and improving the patient journey from arrival to recovery.

Under the partnership, healthcare and residency services will be more closely integrated, making it easier for international patients to access treatment in Dubai. The initiative will also strengthen coordination between visa processing, healthcare providers and insurance systems.

A key focus is on enhancing digital integration between the two organisations, allowing medical visa applications to be processed more efficiently through the Dubai Health Experience network.

Officials said the collaboration could pave the way for future innovations, including a smart medical visa and proactive digital services designed to support patients throughout their treatment journey.

Lieutenant General Mohammed Ahmed Al Marri, Director General of GDRFA Dubai, said the partnership reflects Dubai’s vision of creating connected government services that put people first.

Meanwhile, Dr Alawi Sheikh Ali, Director General of the DHA, said health tourism is about more than medical care, adding that accessibility, convenience and quality of service are equally important parts of the patient experience.

The initiative supports Dubai’s broader ambitions to strengthen its position as a global healthcare and medical tourism destination while delivering faster, smarter and more integrated services for visitors seeking treatment in the emirate.

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