Dubai, one of the United Arab Emirates’ most iconic cities, is renowned for its futuristic skyline, luxurious lifestyle, and notably, its consistently low petrol prices. These prices are the product of a carefully orchestrated government strategy, driven by the emirate’s financial prosperity and a commitment to ensuring a high quality of life for its residents. In this article, we will explore the dynamics behind petrol prices in Dubai, their economic consequences, and the future prospects in a shifting global energy landscape.
Government Subsidies and Pricing Mechanism
One of the primary factors responsible for Dubai’s low petrol prices is government intervention … Read MoreRead More