UAE Inflation Rate Eases

  • June 01, 2025

According to figures released by the Federal Competitiveness and Statistics Centre today, the UAE's consumer price index (CPI) rose by 2.8% year-on-year in May 2025.This represents a marginal decrease from the 3.1% recorded in April, indicating a potential easing in inflationary pressures that have impacted residents over the past year.Key categories like food and beverages saw a slower rate of increase, while housing and utilities costs showed stable growth. Transport costs also saw a slight decrease, correlating with recent global oil price trends. The report suggests that while inflation remains a factor, the pace of increase may be moderating, potentially offering some relief to household budgets across the Emirates. Analysts anticipate continued stability in the coming months.- Headline: Dubai Unveils New Island- Short Description: Master plan for a significant new offshore development featuring residential, retail, and leisure facilities released.- Long Description: Dubai today announced the ambitious master plan for "Jumeirah Central Islands," a new multi-billion dollar offshore development project. Located just off the coast near Jumeirah, the project aims to create a vibrant new urban district offering a mix of luxury residential properties, extensive retail boulevards, world-class hotels, and significant green spaces.The development is envisioned as a self-contained community accessible via new bridges and public transport links, including potential future metro connections. Initial phases are expected to focus on land reclamation and infrastructure, with construction on key buildings planned to commence in early 2026. The project underscores Dubai's continued commitment to expanding its coastline and enhancing its offering as a global destination for living, tourism, and investment.- Headline: Abu Dhabi Culture Hub Opens- Short Description: A major new museum dedicated to contemporary art and design officially opened its doors on Saadiyat Island today.- Long Description: The Zayed Modern Art Museum, a landmark addition to Abu Dhabi's cultural landscape, officially opened today on Saadiyat Island. The museum is dedicated to showcasing contemporary art and design from the UAE, the wider Middle East, and internationally.Featuring stunning architecture and expansive gallery spaces, the museum houses a permanent collection alongside rotating exhibitions, interactive installations, and educational workshops. Its opening further solidifies Saadiyat Island's reputation as a leading global cultural district, sitting alongside other prominent museums and institutions. The museum aims to attract both local residents and international tourists, offering a new platform for artistic expression and cultural dialogue. It is expected to become a key attraction for expats seeking cultural enrichment.- Headline: UAE Green Visa Update- Short Description: Government announces further streamlining of the Green Visa process, effective immediately, attracting talent.- Long Description: The UAE government today announced enhancements to its Green Visa scheme, aimed at attracting and retaining skilled professionals, freelancers, and investors. The updated regulations simplify the application process and expand eligibility criteria for certain categories, allowing successful applicants to sponsor family members more easily.The Green Visa, initially launched as part of reforms to the UAE's residency system, offers a self-sponsored residency valid for five years, independent of an employer. The latest changes are designed to make the UAE an even more attractive destination for global talent and entrepreneurs, supporting the nation's transition to a knowledge-based economy. Details on the refined criteria and application procedures are now available on official government portals.- Headline: Dubai Metro Blue Line Progress- Short Description: Significant construction milestones reached on the Dubai Metro Blue Line extension project as work progresses on schedule.- Long Description: Dubai's Roads and Transport Authority (RTA) today provided an update on the progress of the Dubai Metro Blue Line extension project. Construction is reported to be advancing well, with key structural work on elevated sections and tunneling nearing completion in several areas.The Blue Line is a crucial expansion of the emirate's public transport network, designed to connect rapidly developing areas including Mirdif, Al Warqa, and Dubai Silicon Oasis with the existing metro lines. The project includes both elevated and underground sections and will add several new stations to the network. While the full operational launch is anticipated for late 2026, today's announcement highlights the steady progress being made, bringing enhanced connectivity closer for thousands of residents in these growing communities.

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