ABU DHABI // The new petrol price regulation policy has met with mixed reactions from motorists.
Many fear the decision will mean a further cost-of-living burden but others welcomed the long-term effect it would have on the environment and economy.
Ali Al Qubaisi, an Emirati, fears cutting subsidies will mean a rise in prices at the pumps.
“I think it is a bad move,” said the 40-year-old, of Abu Dhabi. “Some people do not have enough money to fill their tanks as it is.”
Should pump petrol prices increase it could affect those who are already feeling the effects of the high cost of living, he said.
“It is better for everything to be reduced,” said Mr Al Qubaisi, who owns a four-wheel-drive Lexus.
Karim Smile, 32, of Abu Dhabi, felt there were both negatives and positives in the announcement.
“I don’t know if it is either good or bad,” he said. “But I do think it is fair.
“It will reduce traffic and encourage public transport.”
Mr Smile, who works as a general manager, spends Dh500 a week on petrol for his Jeep Cherokee.
He expects an increase in his weekly fuel bill from August 1, when the new pricing policy comes in to play.
“However, it will help the environment and stop people using high-powered cars,” he said.
Saif Al Mansoori, a 28-year-old Emirati businessman, drives a Range Rover.
He believed the announcement was a positive move, as it would help sustain the environment and encourage people to buy hybrid vehicles rather than gas-guzzling cars.
“It will bother Emiratis less,” he said. “I feel expatriates will feel the most affected.”
Troy Alton, an Algerian-American expatriate living in Abu Dhabi, was disappointed by the news.
“Of course it is a bad move,” he said.
However, he believed cost of fuel represents a small percentage of an average income in the UAE and feels deregulating prices would not have a notable effect on resident’s monthly pay packet.
“People enjoy high salaries here,” said the 43-year-old, who drives a Mercedes G63.
Ahmed Al Dhaheri, who works for the Ministry of Presidential Affairs in Abu Dhabi, spends Dh400 a week on petrol for his car.
“It will not impact on me too much,” he said. “I think the news is really bad for us.
“Not for the locals but for the expatriates,” he said.
Expatriates, he said, felt the pinch more as they had moved to the country to save money.
Hind Al Dhary, a 30-year-old Emirati, drives a Nissan Patrol and spends Dh250 a week on petrol.
The Abu Dhabi human resources worker is unconcerned about the news.
“I don’t think it will affect me too much,” she said.
Dubai-based Syed Maqbool, an operations assistant, drives to and from Abu Dhabi everyday for his job and fills the tank on his Kia car once a day.
His petrol is paid for by his managers so Mr Maqbool, a 30-year Indian, said the news would not affect him.
jbell@thenational.ae
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More on UAE petrol price deregulation:
› UAE ministers and industry chiefs praise petrol price deregulation
› UAE fuel price hike will encourage public transport use, say experts
› Petrol costs in UAE among lowest in the world ahead of August hike
› Petrol price policy to create 'a safer and cleaner UAE', environmentalists say
Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
Fixtures (6pm UAE unless stated)
Saturday Bournemouth v Leicester City, Chelsea v Manchester City (8.30pm), Huddersfield v Tottenham Hotspur (3.30pm), Manchester United v Crystal Palace, Stoke City v Southampton, West Bromwich Albion v Watford, West Ham United v Swansea City
Sunday Arsenal v Brighton (3pm), Everton v Burnley (5.15pm), Newcastle United v Liverpool (6.30pm)
SPECS
Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now
Company profile
Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices
COMPANY PROFILE
Name: Xpanceo
Started: 2018
Founders: Roman Axelrod, Valentyn Volkov
Based: Dubai, UAE
Industry: Smart contact lenses, augmented/virtual reality
Funding: $40 million
Investor: Opportunity Venture (Asia)
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Sour Grapes
Author: Zakaria Tamer
Publisher: Syracuse University Press
Pages: 176
MATCH INFO
Liverpool 2 (Van Dijk 18', 24')
Brighton 1 (Dunk 79')
Red card: Alisson (Liverpool)
Confirmed bouts (more to be added)
Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez
Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.
Uefa Nations League: How it works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
Why all the lefties?
Six of the eight fast bowlers used in the ILT20 match between Desert Vipers and MI Emirates were left-handed. So 75 per cent of those involved.
And that despite the fact 10-12 per cent of the world’s population is said to be left-handed.
It is an extension of a trend which has seen left-arm pacers become highly valued – and over-represented, relative to other formats – in T20 cricket.
It is all to do with the fact most batters are naturally attuned to the angles created by right-arm bowlers, given that is generally what they grow up facing more of.
In their book, Hitting Against the Spin, cricket data analysts Nathan Leamon and Ben Jones suggest the advantage for a left-arm pace bowler in T20 is amplified because of the obligation on the batter to attack.
“The more attacking the batsman, the more reliant they are on anticipation,” they write.
“This effectively increases the time pressure on the batsman, so increases the reliance on anticipation, and therefore increases the left-arm bowler’s advantage.”
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
EXPATS
Director: Lulu Wang
Stars: Nicole Kidman, Sarayu Blue, Ji-young Yoo, Brian Tee, Jack Huston
Rating: 4/5
Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices