Residents of Ruwais are excited at the prospect of a mall opening at the end of the month. Courtesy EMKE Group
Residents of Ruwais are excited at the prospect of a mall opening at the end of the month. Courtesy EMKE Group

Ruwais residents excited about opening of long-awaited mall



ABU DHABI // Residents in Ruwais are warmly welcoming news that a long-awaited mall is due to open on January 29.

Many have been calling for a shopping centre for years and say the small shops in the town, about 240 kilometres west of the capital in Al Gharbia, have a limited selection and can be too expensive.

Ruwais Mall will have more than 51 outlets, a LuLu hypermarket, a four-screen cinema, an entertainment zone, parking for 900 vehicles and a food court.

“The mall opening will solve a lot of problems for the Ruwais community here,” said, Abdel Aziz Rahman, from Sudan, who described the mall as a dream come true.

“In Ruwais there isn’t any shop where children can buy their kind of stuff as well as women-specific outlets.

“There is no shop for electronic appliances and furniture. We always have to travel to Abu Dhabi. We buy fridges and furniture from Abu Dhabi or Sharjah and have to cough out extra money on transportation.”

Yousuf Al Ali said it was exciting that he would no longer have to travel to buy the things he wanted.

“For example, if I want a treadmill, it’s not available here. And we don’t find good stuff and quality products here. We want good international brands for sports,” he said.

“I believe these small groceries charge more on different commodities. There are no options here and even there is no good restaurant.”

The Emirati said the lack of shops meant he had no option but to travel elsewhere.

“We have to drive to Abu Dhabi – about 200km from Ruwais – to buy commodities and we frequently do this to meet our requirements,” Mr Al Ali said.

The mall is being developed by Abu Dhabi National Oil Company (Adnoc) and operated by Line Investments and Property, a division of LuLu.

It will cater to the town’s 40,00 residents, many of whom work in the energy sector, and will take up 31,000 square metres.

Anoop Gopal, general manager for leasing at Line Investments and Property, said residents would benefit the most.

“People there work from morning until 2pm and afterwards they don’t have any place to unwind and get all kinds of stuff under one roof. So this mall will serve them for all their needs,” he said.

“It is basically a mall to serve the community. We are giving them what they require. As there is no organised retail shops in Ruwais, there is big demand for it.”

Edgar Perez Cantos, a Filipino living in Ruwais, and his wife were looking forward to the opening.

“My wife is very excited as she always has to travel to Abu Dhabi to use ladies salons as Ruwais does not have them,” he said.

Mr Cantos believes the smaller shops overcharge and that most people will no longer have to make a rushed shopping trip to Abu Dhabi or Dubai.

“These small groceries overcharge us too,” he said. “We want outlets having good quality standards like those we have in Abu Dhabi.”

Mr Cantos said he only had one wish and that was for someone to open a few outlets where the Filipino community could dine out.

“For good Filipino food, we have to travel to Abu Dhabi or Dubai,” he said.

anwar@thenational.ae

Straightforward ways to reduce sugar in your family's diet
  • Ban fruit juice and sodas
  • Eat a hearty breakfast that contains fats and wholegrains, such as peanut butter on multigrain toast or full-fat plain yoghurt with whole fruit and nuts, to avoid the need for a 10am snack
  • Give young children plain yoghurt with whole fruits mashed into it
  • Reduce the number of cakes, biscuits and sweets. Reserve them for a treat
  • Don’t eat dessert every day 
  • Make your own smoothies. Always use the whole fruit to maintain the benefit of its fibre content and don’t add any sweeteners
  • Always go for natural whole foods over processed, packaged foods. Ask yourself would your grandmother have eaten it?
  • Read food labels if you really do feel the need to buy processed food
  • Eat everything in moderation
Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Thank You for Banking with Us

Director: Laila Abbas

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Rating: 4/5

APPLE IPAD MINI (A17 PRO)

Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits

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Biometrics: Touch ID, Face ID

Colours: Blue, purple, space grey, starlight

In the box: iPad mini, USB-C cable, 20W USB-C power adapter

Price: From Dh2,099

Gender equality in the workplace still 200 years away

It will take centuries to achieve gender parity in workplaces around the globe, according to a December report from the World Economic Forum.

The WEF study said there had been some improvements in wage equality in 2018 compared to 2017, when the global gender gap widened for the first time in a decade.

But it warned that these were offset by declining representation of women in politics, coupled with greater inequality in their access to health and education.

At current rates, the global gender gap across a range of areas will not close for another 108 years, while it is expected to take 202 years to close the workplace gap, WEF found.

The Geneva-based organisation's annual report tracked disparities between the sexes in 149 countries across four areas: education, health, economic opportunity and political empowerment.

After years of advances in education, health and political representation, women registered setbacks in all three areas this year, WEF said.

Only in the area of economic opportunity did the gender gap narrow somewhat, although there is not much to celebrate, with the global wage gap narrowing to nearly 51 per cent.

And the number of women in leadership roles has risen to 34 per cent globally, WEF said.

At the same time, the report showed there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by women.

And women are significantly under-represented in growing areas of employment that require science, technology, engineering and mathematics skills, WEF said.

* Agence France Presse

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Name: Almnssa
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Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Director: Raed Zeno

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BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES

SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities

Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails

Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies

Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments

A%20QUIET%20PLACE
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Banthology: Stories from Unwanted Nations
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Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

Moon Music

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Number of tracks: 10

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Director: Spike Lee

Starring: John David Washington; Adam Driver 

Five stars

Our Time Has Come
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Name: buybackbazaar.com

Started: January 2018

Founder(s): Pishu Ganglani and Ricky Husaini

Based: Dubai

Sector: FinTech, micro finance

Initial investment: $1 million

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Director: M Night Shyamalan

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Difference between fractional ownership and timeshare

Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.

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