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UAE fuel prices: Here’s what motorists will be paying in May

Oil prices extended declines on April 30 and were set for their largest monthly drop in more than three years

Nida Sohail
Nida Sohail

30 April, 2025

UAE fuel prices: Here’s what motorists will be paying in May
Image credit: WAM

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The UAE has announced slightly higher fuel prices for the month of May, the price for Diesel has however been reduced for the month.

The revised rates, effective from May 1, are as follows:

Super 98 petrol will cost Dh2.58 per litre, down from Dh2.57 in April.

Special 95 petrol will be priced at Dh2.47 per litre, compared to Dh2.46 last month.

E-Plus 91 petrol will cost Dh2.39 per litre, down from Dh2.38 in April.

Diesel will be charged at Dh2.52 per litre, compared to Dh2.63 previously.

The UAE adjusts fuel prices monthly in line with global oil market fluctuations. The country deregulated fuel prices in 2015, linking them to international benchmarks.

Oil drops, poised for biggest monthly fall in three years

Oil prices extended declines on April 30 and were set for their largest monthly drop in more than three years as the global trade war eroded the outlook for fuel demand, while fears of mounting supply also weighed.

Brent crude futures fell by 75 cents, or 1.17 per cent, to $63.50 per barrel by 0641 GMT. U.S. West Texas Intermediate crude futures dropped 79 cents, or 1.31 per cent, to $59.63 a barrel.

Read-Trade war: Oil suffers biggest 5-day drop since 2022

Brent and WTI have lost 15 per cent and 17 per cent respectively so far this month, the biggest percentage drop since November 2021.

Both benchmarks slumped after US President Donald Trump’s April 2 announcement of tariffs on all US imports. They then sank further to four-year lows as China responded with its own levies against US imports, stoking a trade war between the top two oil-consuming nations.

Trump’s tariffs on imports into the US have made it probable the global economy will slip into recession this year, according to a Reuters poll.

China’s factory activity contracted at the fastest pace in 16 months in April, a factory survey showed on Wednesday, April 30.

Demand amid trade war

Worries about demand amid the trade war have weighed on investor sentiment, said ANZ bank senior commodity strategist Daniel Hynes.

“There are also concerns that recent strength in US economic data was only temporary, due to stockpiling ahead of the tariffs that now appears to be abating,” he added.

US consumer confidence slumped to a nearly five-year low in April on growing concerns over tariffs, data showed on Tuesday.

Recent signs of a de-escalation in the trade wars, including a pair of orders Trump signed on Tuesday to soften the blow of his auto tariffs, eased some jitters among global investors.

That said, analysts believe the oil market will stay under pressure as the Trump administration continues to prioritise lower oil prices to manage inflation.

Mounting supply from OPEC+

Oil prices were also undermined by fears of mounting supply from the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+.

Several OPEC+ members will suggest a ramp-up of output hikes for a second straight month in June, sources told Reuters last week. The group will meet on May 5 to discuss output plans.

On the supply front, US crude oil inventories rose by 3.8 million barrels last week, market sources said on Tuesday citing American Petroleum Institute data.

US government data on stockpiles is due at 10:30 am ET (1430 GMT) on Wednesday. Analysts polled by Reuters expect, on average, an 400,000 barrel increase in US crude oil stocks for last week.

(With inputs from Reuters)

Arada launches Nest Hotel brand at Aljada in Sharjah

The 431-key property is the first completed hotel in Arada’s 1,031-key hospitality and serviced apartment portfolio at Aljada

Gulf Business
Gulf Business

30 April, 2025

Arada launches Nest Hotel brand at Aljada in Sharjah
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Arada has officially launched Nest Hotel, its first homegrown hospitality brand, during Arabian Travel Market (ATM) 2025.

Operated by Arada Hospitality, the debut Nest Hotel will open this October in Aljada, Sharjah’s Dhs35bn lifestyle megaproject.

The 431-key property is the first completed hotel in Arada’s 1,031-key hospitality and serviced apartment portfolio at Aljada.

Nest Hotel Aljada: Central location, amenities

Nest Hotel Aljada spans two smart buildings and is strategically positioned near Sharjah International Airport, University City, and directly adjacent to Nest Campus, Arada’s student housing cluster.

It also sits opposite the Arada Central Business District and within walking distance of Madar Mall, a popular family entertainment destination.

“Nest Hotel embodies Arada’s dedication to creating quality and value-driven destinations that put people first,” said Ahmed Alkhoshaibi, Group CEO of Arada. “We’re launching this hospitality brand to ensure a guest experience that fosters a sense of community and wellbeing, starting with Aljada, Sharjah’s most exciting urban destination.”

Designed with insights from residents and travellers, Nest Hotel features a next-generation hospitality model. Rooms are equipped with smart tech such as mobile check-in, digital room access, and energy-efficient systems. Guests will also enjoy access to coworking lounges, a swimming pool, and an all-day dining venue.

“Nest Hotel is designed for travellers and visitors who expect more from their stay — more convenience, more energy and more connection to the surrounding districts,” said Amit Arora, COO of Arada. “It’s a next-generation hotel that offers both comfort and relevance to the modern guest, right in the heart of a thriving community.”

Meets growing demand

The hotel is poised to meet rising demand from both leisure and business travellers, particularly in the MICE sector.

In 2024, Sharjah International Airport handled 17 million passengers, an 11 per cent year-on-year increase. Nest Hotel Aljada also caters to internal demand from within the Aljada community itself, which welcomed 8 million visitors last year.

Its proximity to major institutions such as Sharjah Research Technology and Innovation Park (SRTIP) and Sharjah Airport International Free Zone (SAIF Zone), along with quick access to E311 and Al Dhaid Road, makes it a convenient choice for both regional and international guests.

Read: How Arada is expanding its presence in UAE’s luxury property market

Expanding the Arada hospitality portfolio

Nest Hotel complements Arada’s expanding portfolio of lifestyle and hospitality brands. Aljada already features upcoming hotels including Vida Aljada and The Address Aljada (operated by Emaar Hospitality), and Rove Aljada, jointly operated by Emaar Properties and Meraas.

The Nest brand also builds on Arada Hospitality’s existing offerings, including the Nest Campus student housing community, and a network of wellness and F&B ventures such as Wellfit, FitnGlam, FITCODE, The Platform Studios, Boost Juice, The Reformatory Lab, Hungry Wolves, and the popular Zad food truck destination.

Emirates inks new codeshare partnerships with these airlines, signs more MoUs

Emirates now maintains commercial cooperation agreements with 164 partners across interline, codeshare, and intermodal formats, extending its reach to nearly 1,800 cities

Gulf Business
Gulf Business

30 April, 2025

Emirates inks new codeshare partnerships with these airlines, signs more MoUs
Image: Emirates

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Emirates has expanded its global network through the activation of a reciprocal codeshare partnership with German leisure carrier Condor and a newly established codeshare agreement with Air Seychelles, enhancing connectivity for travellers ahead of the 2025 summer season.

Under the reciprocal agreement with Condor, Emirates customers will be able to access 11 additional destinations across Europe and the Caribbean via Frankfurt, Dusseldorf, and Hamburg.

These include holiday hotspots such as Palma de Mallorca, Ibiza, Gran Canaria, Fuerteventura, Tenerife, Cancun, and Montego Bay.

In return, Condor passengers will gain access to 13 destinations on the Emirates network via Dubai, including Bali, the Maldives, Sri Lanka, Bangkok, Phuket, Hanoi, and Cape Town.

Bookings under the codeshare are now available through the airlines’ respective websites, global distribution systems, and travel agents, with travel commencing from May 10.

Emirates Skywards members can earn and redeem miles on codeshare flights operated by both carriers.

Emirates-Air Seychelles partnership

In a separate announcement, the airline confirmed a new partnership with Air Seychelles. The codeshare agreement will allow Emirates to place its code on Air Seychelles-operated flights between Mahe and Praslin Island, streamlining travel to one of the Indian Ocean’s most visited islands.

Passengers will benefit from single-ticket itineraries, competitive fares, and through-checked baggage from Dubai to Praslin.

“Our codeshare partnership with Air Seychelles will provide customers with seamless connections to Praslin Island, and complements our existing services between Dubai and Mahe,” said Adnan Kazim, deputy president and CCO, Emirates. “We look forward to developing the relationship further and introducing more added-value benefits.”

The Dubai-based carrier currently operates 14 weekly flights between Dubai and Mahe, serving travellers predominantly from France, Italy, Germany, Switzerland, and the UK.

Sandy Benoiton, CEO of Air Seychelles, added, “This agreement not only simplifies travel for our customers but also showcases our commitment to making the Seychelles more accessible to travellers from around the world.”

With these new tie-ups, Emirates now maintains commercial cooperation agreements with 164 partners across interline, codeshare, and intermodal formats, extending its reach to nearly 1,800 cities.

Over the past year alone, the airline has launched 11 new partnerships.

New MoUs signed at ATM 2025

As part of its ongoing commitment to global tourism, the airline has strengthened its collaboration with seven tourism boards — Malaysia, Sri Lanka, Morocco, Seychelles, The Bahamas, Warsaw, and Nigeria — by signing new memoranda of understanding (MoUs) during ATM 2025.

Read: Emirates strikes 8 deals to power global tourism growth

These agreements are designed to boost inbound travel from across Emirates’ vast global network, positioning each destination as a premier choice for international visitors.

The renewed and new partnerships will see Emirates and its tourism partners co-develop targeted marketing campaigns, organise familiarisation trips for media and travel agents, and launch joint promotional initiatives across key source markets.

From showcasing Malaysia’s lush landscapes and Sri Lanka’s island allure, to supporting Morocco’s goal of attracting 17.5 million visitors annually, and enhancing Nigeria’s positioning as a vibrant African destination, Emirates is playing a pivotal role in unlocking tourism potential and supporting national growth strategies.

Yas Island sees 38 million visits, Saadiyat Island grows 10% in 2024: Miral

International visits to the theme parks also saw significant growth, with a 40 per cent, rise, led by a substantial increase from key markets, including India, China, the UK and Russia

Gulf Business
Gulf Business

30 April, 2025

Yas Island sees 38 million visits, Saadiyat Island grows 10% in 2024: Miral
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Miral, the developer behind Abu Dhabi’s popular leisure destinations, announced record-breaking visitation numbers across Yas Island and Saadiyat Island in 2024, driven by surging demand from regional and international markets.

Unveiled during the Arabian Travel Market 2025, Yas Island welcomed over 38 million visits, marking a ten per cent year-on-year increase and its strongest performance since 2019. Saadiyat Island also recorded a 10 per cent rise in visitors, underscoring its appeal as a luxury cultural and beach destination.

“These exceptional results are a testament to our commitment to contributing to Abu Dhabi’s vision of becoming a leading global destination,” said Dr Mohamed Abdalla Al Zaabi, Group CEO of Miral. “We’re not only attracting visitors, but also creating joyful moments that leave a lasting impact.”

Hospitality numbers up across

Yas Island’s hospitality sector hit 82 per cent occupancy, peaking at 90 per cent in August, alongside a 17 per cent increase in average daily rate (ADR).

Theme parks and CLYMB Abu Dhabi saw a 20 per cent jump in attendance, with GCC visitation up 56 per cent and international visits surging 40 per cent, led by India (44 per cent), China (81 per cent), UK (40 per cent) and Russia (29 per cent).

The destination’s growing status as an events powerhouse was underscored by a ten per cent rise in consumer event attendance in 2024. Major highlights included concerts by Diljit Dosanjh and the Backstreet Boys, the Wireless Festival, NBA, UFC, and Formula 1, as well as regional premieres of hit musicals like Hamilton and Life of Pi.

Business tourism also surged, with a seventeen per cent increase in conferences and a seven per cent rise in room nights. Miral revealed its latest digital initiative — a Yas Island Metaverse developed with e& enterprise — aiming to elevate corporate engagement through immersive virtual experiences.

Hotel occupancy grew on Saadiyat Island, reports Miral

On Saadiyat Island, hotel occupancy hit 74 per cent in 2024, with ADR growing 14 per cent.

The island saw significant inbound growth from China (58 per cent), India (30 per cent) and the UK (11 per cent), cementing its appeal as a nature and culture-focused destination.

Yas Waterworld expansion announced

Looking ahead, Miral is set to unveil a host of new attractions in 2025, further enhancing Abu Dhabi’s position as a global leisure and cultural hub. A major expansion of Yas Waterworld is slated for summer 2025, featuring 12 new rides, including the world’s first blaster ride designed for kids.

At Yas Bay, a 560-metre beachfront development will add to the lifestyle offerings along Yas Bay Waterfront, complementing the area’s vibrant leisure scene. Warner Bros. World Yas Island, Abu Dhabi will also see a significant footprint expansion, with new DC attractions, the highly anticipated Wizarding World of Harry Potter, and two additional rides, building on the theme park’s immersive experiences.

Meanwhile, on Saadiyat Island, the Natural History Museum Abu Dhabi — expected to be the largest of its kind in the region—is on track for completion by the end of 2025. The museum will offer visitors a captivating journey through the history of the natural world and the diversity of life on Earth.

Adding to the cultural landscape, teamLab Phenomena Abu Dhabi opened its doors on April 18 at the Saadiyat Cultural District. Spanning 17,000 square metres, the multi-sensory art experience was developed in collaboration with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Japanese art collective teamLab, and is operated by Miral Experiences.

These milestones reflect Abu Dhabi’s broader Tourism Strategy 2030, which targets 39.3 million visitors annually, Dhs90bn in GDP contribution, and 178,000 new tourism jobs.

Read: The wait is over: teamLab Phenomena Abu Dhabi opens to public

Hajj 2025: Saudi announces SR100,000 fine, ban for violations

illegal infiltrators attempting to perform Hajj—whether residents or overstayers—will be deported to their home countries

Nida Sohail
Nida Sohail

29 April, 2025

Hajj 2025: Saudi announces SR100,000 fine, ban for violations
Image credit: Getty Images

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The Ministry of Interior in Saudi Arabia has announced penalties for individuals who violate regulations requiring a permit to perform Hajj, as well as for those who facilitate such violations.

The following penalties will be applicable to the violators during the period starting from Dhul Qada 1, corresponding to April 29, until the end of Dhul Hijjah 14 (June 10).

Performing Hajj without a permit

According to an SPA report, firstly, a fine of SR20,000 will be imposed on individuals caught performing or attempting to perform Hajj without a permit. This includes holders of all types of visit visas who attempt to enter or stay in Makkah and the holy sites during the specified period.

Read- Hajj 2025: Saudi Council reiterates permit requirement for pilgrimage

Facilitating Hajj without a permit

Secondly, a fine of SR100,000 will be imposed on individuals who apply for a visit visa on behalf of someone who has performed or attempted to perform Hajj without a permit. The same fine will also apply to those who have entered or stayed in Makkah and the holy sites during the restricted period.

The fine will multiply for each individual involved.

Transporting or sheltering visit visa holders

Thirdly, a fine of SR100,000 will also be imposed on individuals who transport or attempt to transport visit visa holders to Makkah and the holy sites during the specified period. This applies equally to those who shelter or attempt to shelter these individuals in any accommodation, including hotels, apartments, private residences, shelters, or pilgrims’ housing.

This also includes concealing their presence or providing any assistance that enables their stay. The fine will multiply for each individual sheltered, concealed, or assisted.

Illegal infiltration to perform Hajj

In addition, illegal infiltrators attempting to perform Hajj—whether residents or overstayers—will be deported to their home countries and banned from entering Saudi Arabia for ten years.

Confiscation of vehicles

Finally, the relevant court may order the confiscation of any land vehicle used to transport visit visa holders to Makkah or the holy sites during the specified period, if owned by the transporter, facilitator, or any accomplice.

New rule for businesses in Oman: Here’s what you need to know

Oman’s investment sector has recently undergone several reforms, allowing foreign investors to own 100 per cent of their businesses

Nida Sohail
Nida Sohail

29 April, 2025

New rule for businesses in Oman: Here’s what you need to know
Image credit: Getty Images

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The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) in Oman has issued a new directive requiring foreign investors to employ at least one Omani national within one year of starting commercial operations.

Mandatory social insurance registration

As reported by the Oman Observer, the Omani employee must be registered with the General Authority for Social Insurance. This move aligns with the Ministry of Labour’s Omanisation policy, which promotes the employment of Omani citizens in the private sector.

Read-Rules in Oman: TikTok use, WhatsApp calls explained

Council of ministers’ decision supports foreign investment

This regulation follows a Council of Ministers’ decision to reduce commercial registration fees for foreign investors and treat them similarly to Omani investors—provided they meet the requirement of hiring at least one Omani employee.

Fee reductions and digital alerts

On June 18, 2023, MoCIIP announced the fee reductions for foreign investment companies via its digital platforms. Eng. Ammar bin Sulaiman Al Kharousi, Director General of the Investment Services Centre at MoCIIP, noted that the commercial register now includes an alert informing investors of the employment condition one year after registration.

Improving the investment environment

Al Kharousi also highlighted ongoing efforts to make Oman more attractive to investors by addressing challenges faced by both local and foreign businesses. Hiring Omani nationals is expected to contribute to local economic development and improve the labor market.

Enforcement through Oman Business Platform

As of April 1, 2024, MoCIIP has implemented administrative restrictions on transactions through the Oman Business Platform for foreign investors who fail to meet the employment obligation within a year of registration. A grace period of 30 days—subject to extension—is granted for companies to rectify non-compliance.

If the employed Omani is later dismissed, the obligation is automatically re-applied electronically, enabling MoCIIP and the Ministry of Labour to monitor compliance more effectively.

Simplified investment procedures

Oman’s investment sector has recently undergone several reforms, allowing foreign investors to own 100 per cent of their businesses and invest in over 1,700 commercial and industrial activities. The government has also streamlined procedures by reducing, canceling, or merging 836 services.

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