In Focus | Cost of Living
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Sunday May 3
Exchange rate woes hit travellers
The falling dollar will make UAE residents think twice about their summer travel plans to find the best value for money.
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Sunday May 3
Bachelors unhappy with segregated housing plans
Many bachelors are upset and angry after being discriminated against with regard to housing. They say that they are human beings with rights and that they should be integrated in the social fabric of the country and not segregated in camps.
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Sunday May 3
Residents feel pinch as dollar declines
The sharp decline of the dollar against most international currencies is hurting residents in the UAE as the dirham no longer buys what it used to.
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Sunday May 3
Purchasing power takes a beating
UAE consumers are forced to take the full impact of the declining purchasing power of the dirham as the UAE Central Bank remains adamant on maintaining the dirham's peg to the US dollar.
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Sunday May 3
Firms raise price of cooking gas
Two gas companies have increased the price of liquid petroleum gas (LPG) in the UAE.
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Sunday May 3
Fish prices across country shoot up
Dubai and Abu Dhabi supermarkets have increased fish prices by as much as 69 per cent in three months, according to date collected by the UAE Ministry of Economy, as the fishing community continues to reel from the effects of Cyclone Gonu.
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Sunday May 3
Carrefour raises rice prices
Emirates General Market emerges as top price buster in Abu Dhabi while Carrefour had 13 best buys in the UAE.
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Sunday May 3
Knowledge Village raises university rent by 20%
A 20 per cent rent increase notice has taken the management of a university at Dubai Knowledge Village by surprise.
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Sunday May 3
Price rise gives expat Arab wives jitters
The spiralling cost of living - especially the rising rent and school fees - is giving jitters to expatriate Arab housewives who may have to go home; leaving their husbands here.
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Sunday May 3
Inflation likely to hit UAE manufacturers
Soaring inflation rates are putting UAE manufacturers at a disadvantage in the local market, and could deflate exports to the benefit of manufacturers in neighbouring countries.
