UAE Fuel Prices Slashed: Transport Authority Announces Drop In Taxi Fares
Date
4/1/2023 11:19:22 AM
(MENAFN- Khaleej Times) Published: Sat 1 Apr 2023, 6:24 PM Ajman's transport authority on Saturday announced a change in taxi fares in the emirate, as lower fuel prices take effect.
Ajman Transport said in a tweet that for the month of April, the cab fares will be at Dh1.82 per kilometre - marking a 2-fil drop from last month's rate of Dh1.84 per kilometre.
The change comes as the UAE cuts petrol prices by up to 8 fils per litre. The price of Super 98 petrol dropped 7 fils from Dh3.09 to Dh 3.01, while the cost of Special 95 fell from Dh 2.97 to Dh 2.90. E-Plus 91, which was Dh 2.90 in March, would be Dh 2.82 in April. Diesel prices fell from Dh 3.14 to Dh3.03.
The reduction comes after two consecutive months of increases, bringing relief to residents.
Since UAE started deregulating prices in 2015, the UAE's Fuel Price Committee has been revising the local retail fuel rates at the end of every month. Petrol prices in the country are much cheaper than in the US and most Asian and European countries because of low tax rates. In the UAE, only a five per cent value-added tax (VAT) applies to consumers.
ALSO READ:
uae fuel prices drop in april: here's how much it will cost to get a full tank
uae cuts fuel prices for april: residents say they will save up to dh200 a month, call it a 'ramadan gift'
uae: petrol, diesel prices for april 2023 announced
MENAFN01042023000049011007ID1105927604
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.