Picture for illustrative purposes only. ARCHIVE

UAE: Taxi fares drop as fuel prices decrease

The Transport Authority in Ajman announced a change in taxi rates in the emirate on Saturday (April 1) as fuel rates in the country dropped. In a recent Twitter post, Ajman Transport said cab fares would be Dh1.82 per kilometer in April, marking a 2-fil drop from last month's rate of Dh1.24 per kilometer. This is due to the cut of petrol prices by up to 9 fils per liter. Prices of Super 98 petrol dropped seven fils from Dh3.09 to Dh 3.01, while 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 Fuel Price Committee in the UAE has been revising local retail fuel rates at the end of every month since the country started deregulation of fuel prices in 2015. Petrol prices in the UAE are low-priced than in the US and most Asian and European countries because of low tax rates. In the UAE, consumers pay a five percent value-added tax (VAT). RZSP/Expat Media
For all the latest news from the UAE and the world, follow us on Facebook, Twitter and Instagram and subscribe to our YouTube page