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uae8 hours ago
Every month, motorists will now spend anything between Dh450 to Dh1,100 on fuel and Salik depending on the distance travelled.
Rise in fuel costs leads to rise in angerUAE residents took to social media to vent their rising frustration on Tuesday as news broke of a 22 per cent hike in petrol prices.At 2pm, the Ministry of Energy released the revised figures - which will come into effect August 1 - but Khaleej Times reader, Mansoor Khan, scrutinised the hikes. "In the UAE, petrol prices are the highest in the Gulf region. Our salary increases by 3 to 5 per cent, rent increases by 30 per cent, Fewa charges 23 fils for local and 45 fils for expats, and now petrol has increased by 24 per cent," he said on KT's Facebook page. On Twitter, @MrTomPaye said: "It's ridiculous that a hike of that magnitude was described as 'not having much of an effect on people's living costs'." But he later followed up his tweet urging irked motorists to "get some perspective on #UAEPetrolPrice" as it's still "way cheaper" than anywhere in Europe. An angry Zafar Saand also took to Facebook and questioned the sharp increase: "Globally oil prices have crashed. Why is it UAE govt has to increase it?!" Previously, a vehicle which cost Dh60 to fill up will now cost about Dh90. For those with no dependents, the hike may not make a huge difference to monthly outgoings. But the additional cost could substantially affect a breadwinners bank balance, @MrTomPaye said. "I'm fortunate enough that I'm quite comfortable and I have no dependents, but I imagine it will sting for a lot of families." kelly@khaleejtimes.com |
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