Dubai’s Road and Transport Authority (RTA) announced that taxi prices in the city will be slashed due to the decrease in fuel prices in January 2023. The move is aimed at providing relief to commuters and boosting the economy.
The RTA has stated that the new fares will be calculated based on the new fuel prices and will be implemented from January 2023. The new fares will be lower than the current prices and will be reviewed regularly based on the fluctuation of fuel prices.
This decision comes after the fuel prices in Dubai dropped significantly in January 2023, with the price of Super 98 gasoline decreasing by 1.46 Dirhams per liter and diesel fuel falling by 1.51 Dirhams per liter.
Wondering what you will save? The tariff per kilometre is now Dhs1.97 and it was previously Dhs2.19. This means there will be a saving of 22 fils per km.
It is good to note that the minimum ride fare of Dhs12 remains the same
The RTA has also stated that the new fares will be applicable to all taxi services in Dubai, including the Dubai Taxi Corporation, Dubai Silicon Oasis Authority Taxi, and Dubai Taxi Corporation’s franchisees. The new fares will be displayed at the taxi stands and on the RTA’s website for the convenience of the public.
This move is expected to provide relief to commuters who frequently use taxis as their mode of transportation. It will also be beneficial for tourists visiting the city, as it will make traveling by taxi more affordable. The reduction in taxi prices will also be a boost to the economy as it will lead to an increase in demand for taxi services.
In conclusion, the reduction in taxi prices due to cheaper fuel prices in January 2023 is a positive step towards providing relief to commuters and boosting the economy. It will make traveling by taxi more affordable for residents and visitors and increase the demand for taxi services in Dubai.
