Thursday, February 01, 2007

A good thing

I never expected I'd see an article on a reduction in price of anything in the UAE, but in Emirates Today, there's an article about the Ministry of Economy reducing ticket prices back from Dhs 35 to Dhs 30. Ticket prices had gone up at the beginning of the year.

Apparently it has something to do with consumer protection laws, and the fact that the concessions inside the movie theater are already so damn expensive.

Way to go Ministry of Economy. It's good to see that they're actually keeping an eye on these things. Here's to hoping they're as diligent about other price increases in the UAE.

4 comments:

nzm said...

That's excellent!

Chazoo said...

I have a question - Is life expensive in Dubai?

Someone told me the other day that once you get there (ie.: excluding flight price) it is not too expensive to live in the UAE. For once I didn't have a reply!

Compared to Montreal, are prices similar for living or not? Do you have a good city to compare Dubai to in terms of living expenses?

I also have no idea of the exchange rate...

Dubai Sunshine said...

Hey Chazoo...
Yes, life IS expensive in Dubai. Some things are almost as expensive as in big cities like London and Paris...

Just to give you an idea, I pay as much here for my one bedroom apartment than I did for our 2 bedroom apartment in downtown Montreal.

Groceries are a bit less expensive than Montreal (especially fruits and veggies), restaurants are about the same, clothes are the same, rents are horribly high, education is expensive (and public education is crap), petrol is cheaper (of course)...

The exchange rate right now is as follows: 1 CAD = 3.1 Dirhams.

So, if you take the cinema ticket price, Dhs 30 means 10 CAD, which is pretty much on par with Canadian prices (or maybe just a bit less....unless ticket prices have gone up again in Monty!)

DXBluey said...

Hmm... why cinema tix? I mean in Canada were they more than more than US$10?or thereabouts?

Is this such a problem?

The reason I ask is I am concerned that DXB is on the brink of effectively an economic collapse.
Do you?