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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.

 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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Al Freej Fridge returns: 2 million cold drinks to distributed to Dubai’s outdoor workers this summer

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The “Al Freej Fridge” campaign is back for its second edition, aiming to distribute 2 million bottles of water, juice, and frozen treats to outdoor workers across Dubai throughout the summer.

Launched by Ferjan Dubai and supported by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), along with Suqia UAE and the UAE Food Bank, the campaign will run until August 23. It targets workers most exposed to the summer heat, cleaners, construction workers, delivery riders, and landscapers, across multiple Dubai neighbourhoods.

The initiative, which embodies the values of compassion, gratitude, and community unity, helps mitigate the health risks associated with extreme heat, such as dehydration and heat exhaustion.

How It Works:

  • Refrigerated trucks deliver cold drinks to outdoor work sites
  • Fixed fridges are placed in worker accommodations
  • Volunteers, including residents using personal vehicles, join the distribution
  • UAE Food Bank provides warehouses, cold storage, and logistics support
  • Suqia UAE supplies large quantities of bottled water

Ibrahim Al Balooshi, Director of Sustainability at MBRGI, said the campaign reflects the foundation’s mission to place people at the heart of humanitarian efforts.

Alia Al Shamlan, Director of Ferjan Dubai, described it as “a message of gratitude” from communities to workers who help build and maintain the city.

Following its success last year, when 1 million cold beverages were distributed, this year’s campaign aims to double its impact and reach, drawing more volunteers and reinforcing the UAE’s deeply rooted culture of giving.

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Ajman announces reduced working hours for private sector

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The Ajman Government has introduced a new flexible work schedule for public sector employees during the summer months, from July 1 to August 22, under the ‘Our Summer is Balanced’ initiative.

The move was announced during a meeting of the Ajman Executive Council, chaired by Crown Prince Sheikh Ammar bin Humaid Al Nuaimi. The initiative supports the UAE’s Year of Community, aiming to promote work-life balance and employee wellbeing during the peak heat period.

What’s Changing:

  • 100 per cent remote work on Fridays
  • Shorter workdays Monday to Thursday: 7:30am – 2:30pm (7 hours instead of 8)
  • Flexible internal arrangements to ensure vital public services continue smoothly

Sheikh Ammar said the decision reflects Ajman’s commitment to building a flexible, productive, and people-focused government, guided by the vision of Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman.

The summer work model will serve as a pilot programme, with future expansions considered based on its impact.

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How to stay safe this summer: Abu Dhabi Police issue public safety tips

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Abu Dhabi Police, in partnership with the Abu Dhabi Civil Defence Authority, has launched the sixth edition of the Safe Summer Campaign, running until August 31.

The campaign aims to raise public awareness around essential summer safety precautions, with a focus on fire prevention, road safety, and accident reduction during the hotter months.

Using digital platforms, print media, videos, and community majlis, the campaign will deliver targeted messages to residents across the emirate.

Key safety messages include:

  • Home safety tips for families
  • Parental guidance on supervising children in swimming areas
  • Vehicle safety checks, especially tyre inspections
  • Fire and accident prevention protocols

Authorities urge residents to take extra precautions during the summer and follow safety guidelines to protect their families and communities.

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