The latest fuel price announcement in the UAE is good news for many drivers and businesses alike. Starting November 1, petrol prices will take a slight dip, offering some relief at the pump after months of stability or gradual increases. 

For everyday motorists, this means lower fuel expenses every time they fill up, which could add up to significant savings over the month.

Savings for residents

For those who commute daily, especially in busy cities like Dubai and Abu Dhabi, this drop could mean more money in your pocket to spend on other essentials or even a small treat, whether that’s dining out, shopping, or saving for other plans. 

With petrol prices dropping from around Dh2.77 to Dh2.63 for Super 98 and from Dh2.66 to Dh2.51 for Special 95, your monthly fuel bills could shrink noticeably, offering some breathing room in your household budget.

Benefit for businesses

Business owners, particularly in sectors like transport, delivery, and logistics, will also notice some benefits. Lower diesel prices – down to Dh2.67 from Dh2.71 – can help cut operating costs, easing pressures on freight charges and potentially keeping prices competitive. With fuel costs now reflecting a brief period of decline, there’s a chance that consumers and companies can enjoy more stability in their expenses.

This move aligns with the UAE government’s approach of adjusting fuel prices based on international oil market trends. It’s a clear sign that, despite global uncertainties and geopolitical tensions, the country is trying to ensure that fuel remains affordable for its residents while maintaining a sustainable economy.

Overall, these price cuts are very welcome, especially as the cost of living continues to influence people’s daily financial decisions. If petrol prices stay this low, it’s a win for everyone: motorists, families, and businesses, who will feel the positive impact on their monthly budgets.

Fuel rates applicable from November 1:

• Super 98 petrol will cost Dh2.63 a litre, compared to Dh2.77 in October.
• Special 95 petrol will cost Dh2.51 per litre, compared to the current rate of Dh2.66.
• E-Plus 91 petrol will cost Dh2.44 a litre, compared to Dh2.58 a litre in October.
• Diesel will be charged at Dh2.67 a litre, compared to the current rate of Dh2.71.

Good news for UAE residents and businesses. The UAE Central Bank has just lowered its Base Rate by 25 basis points, from 4.15% to 3.90%, effective this Thursday. This move follows the US Federal Reserve’s recent decision to cut its interest rates, keeping things in sync because of the UAE’s currency peg to the US dollar.

What does this mean for you? Expect borrowing to get a bit cheaper. Whether you’re eyeing a new mortgage, a personal loan, or business credit, the rates should ease up. In simple terms, monthly payments could get friendlier, especially for those with variable-rate loans.

This comes after the US Fed trimmed its federal funds rate to a range of 3.75% to 4%, hoping to support the job market and tackle stubborn inflation. The ripple effects are clear, softening employment numbers, and ongoing economic headwinds are pushing for these cuts.

Which sectors will benefit

For the UAE, lower interest rates could give a boost to sectors like real estate, tourism, and small businesses by making funding easier. But keep in mind, analysts say the impact might be modest unless the Fed decides to cut rates more aggressively in the future.

Why is the Fed making these rate cuts? Their goal is a tricky balance: tame inflation while keeping employment strong. With big companies cutting jobs and inflation still slightly above target, the Fed is playing it safe, using these rate cuts as insurance against a potential economic slowdown.

Future interest rates

Looking ahead, another cut might come in December, possibly bringing rates closer to 3% in 2026, but things could shift depending on economic data and new Fed leadership.

Stay tuned for more updates and how these changes could affect your wallet!

Dubai just took another leap toward the future of urban living. The city has officially launched a new drone delivery route in Nad Al Sheba, allowing drones to deliver food orders from restaurants and cafés at Avenue Mall straight to residents living near Nad Al Sheba Grand Mosque.

The pilot service is a collaboration between the Dubai Civil Aviation Authority (DCAA), the Islamic Affairs and Charitable Activities Department (IACAD), and Keeta Drone. The first successful delivery was completed during the launch ceremony, led by Mohammed Abdullah Linjawy, Director General of the DCAA.

The move marks a major step in Dubai’s plan to become a global leader in smart transportation and air logistics, combining sustainability, speed, and innovation.

Smart, fast, and sustainable

The Nad Al Sheba route is part of Keeta Drone’s growing delivery network, which already operates four routes in Dubai Silicon Oasis. The company plans to extend coverage to Business Bay and Jumeirah, as part of Dubai’s long-term goal to connect up to 30% of the city by 2026, and eventually 70 per cent within five years.

The use of Nad Al Sheba Grand Mosque as a collection point is particularly symbolic, showing how community landmarks can become hubs for smart city services.

How drones will change your deliveries

This new route isn’t just futuristic,  it’s practical.

• Less traffic: Drones fly above the roads, helping cut down on delivery vans and easing congestion.
• Faster deliveries: Orders can reach customers in under 30 minutes, bypassing traffic lights and road delays.
• Greener operations: Fully electric drones mean zero fuel use and lower carbon emissions.
• Smarter logistics: Drones handle smaller, quicker deliveries, freeing human drivers for bigger tasks.

With strict safety and regulatory oversight from the DCAA, the drone programme is poised to transform how Dubai eats, shops, and moves, one airborne delivery at a time.