The project aims at turning Dubai into a pedestrian-, environment- and family-friendly city
A number of bottled water companies in the UAE have announced their intent to hike the prices of 5-gallon water bottles soon.
The quantum of price hikes, however, is likely to vary from company to company.
Oasis Water, one of the largest bottled water companies in the UAE, has announced that from August 1, the price of its 5-gallon water bottle will go up from Dh7 to Dh9. Company officials attributed the hike to inflation and the resultant increase in the cost of production.
Al Ghadeer, the Abu Dhabi-based bottled water company, is set to increase the price of 5-gallon water bottles from Dh6 to Dh7.
Officials of Al Bayan company have also declared their intent to hike the price of 5-gallon water bottles soon but they are yet to announce the quantum of the increase. Shawki Khlil, director of the Purchase Department at Union Cooperatives, confirmed: “We have received a letter from Oasis stating their intent to increase the bottled water prices by around 12 per cent. Aqua Fina company too has declared its intent to hike the bottled water prices by over 10 per cent.”
Khlil said that currently, the Union Cooperatives were selling the bottled water at the same prices and had not yet decided on the new prices. “We’ll be consulting the Ministry of Economy on the issue,” he said.
Khlil said that some bottled water companies in the UAE had already increased the prices by Dh1 per carton, following the recent 30 per cent hike in fuel prices. He, however, said there was no justification for increasing the bottled water prices right now.
The project aims at turning Dubai into a pedestrian-, environment- and family-friendly city
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