UAE Fuel Price Committee Announces Prices for April 2025: A Welcome Relief or a Cause for Concern?

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The UAE Fuel Price Committee has officially announced the fuel prices for April 2025, setting diesel at AED 2.63 per liter and Super 98 petrol at AED 2.57 per liter. While these prices reflect the global market trends, they bring up important questions about their impact on consumers, businesses, and the overall economy. A Positive Development for Consumers? For everyday consumers, any decrease or stability in fuel prices is often welcomed. Lower fuel costs mean reduced transportation expenses, which can have a ripple effect on the cost of goods and services. Households that rely on personal vehicles may find some relief in their monthly budgets, particularly those who commute long distances for work or leisure. Implications for Businesses and the Economy On the business side, fuel price fluctuations directly impact operational costs. Logistics companies, taxi operators, and delivery services may benefit from stable or reduced prices, potentially leading to lower service fees for end c...
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The UAE President congratulates Liz Truss on her appointment as UK’s Prime Minister

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The President of the United Arab Emirates (UAE), His Highness Sheikh Mohamed bin Zayed Al Nahyan, has congratulated Liz Truss on her appointment as the Prime Minister of the United Kingdom (UK). He has also stressed further strengthening the longstanding ties between the two countries.

The UAE president wrote on Twitter, “Congratulations to Liz Truss on her appointment as UK Prime Minister. I wish her every success and look forward to working jointly to further strengthen the longstanding ties between our two countries and to support peace and prosperity both in our region and around the world.”

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also congratulated Truss for winning the election and becoming the new Prime Minister of the UK.

The UAE is already a key partner for the UK, with total trade between the two countries worth £8.3 billion in the four quarters to the end of Q1 2022.

Liz Truss became the new prime minister of the UK on Tuesday after being appointed by Queen Elizabeth II during an audience at her Balmoral estate in Scotland. Britain’s Royal officials also released a picture of the monarch and Truss shaking hands to formalise her appointment as the new Britain’s Prime Minister.

Truss has been the leader of the Conservative Party since 6 September 2022. She has been the Member of Parliament for South West Norfolk since 2010.

During a visit to the UK in 2021, His Highness and former Prime Minister of the UK, Boris Johnson, met to establish an ambitious new partnership. The former UK Prime Minister hosted him at 10 Downing Street in central London and they discussed a wide range of topics. Subsequently, they launched a “Partnership for the Future” between the two countries based on two main pillars: driving sustainable prosperity and addressing global issues. They also agreed to work closely together during the UAE's 2022-2023 term as a member of the United Nations Security Council.

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