Store manager Jun Concepcion organizes the merchandise at New Era, a new store selling the latest Star Wars memorabilia at the Al Wahda Mall in Abu Dhabi. Silvia Razgova / The National
Store manager Jun Concepcion organizes the merchandise at New Era, a new store selling the latest Star Wars memorabilia at the Al Wahda Mall in Abu Dhabi. Silvia Razgova / The National

New Era in Al Wahda Mall launches exclusive Darth Vader and Stormtrooper caps



New Era store has opened in Abu Dhabi’s Al Wahda Mall with an exclusive line of limited-edition Star Wars caps to commemorate May the Fourth – Star Wars Day.

The two collectable faux-leather Stormtrooper and Darth Vader designs come in four sizes, and there’s only one of each size available in the store (eight hats in all). The character motifs are also printed on the satin that lines each cap’s interior. The caps are priced at Dh225 each.

Only 144 caps have been made in each style worldwide, and the Abu Dhabi store is currently the only place you can find them in the Middle East, although there are plans to open a branch in Fujairah City Centre in September, ahead of the latest film’s release on December 18.

Leonard Erlank, COO of merchandise distributer Al Book Marine, is a self-confessed Star Wars geek and says there’s more memorabilia on the way: “I’m thrilled to announce that next month, we’re bringing out R2-D2 and C-3PO caps, too.”

The store also stocks a regular collection of black and white caps emblazoned with “Star Wars”, which cost Dh175 each.

John Mullin, 46, from the UK, was wearing his prized possession on Star Wars day – his well-worn, decade-old Star Wars T-shirt. The Abu Dhabi-based paramedic isn’t sure yet whether he’s willing to part with his hard-earned cash to buy one of the new caps, but he’s considering it.

“It’s great to be here in Abu Dhabi where the latest Star Wars movie was filmed, and I guess that’s why the caps are available here. I have an 8-year-old son who’s also a big Star Wars fan, but I think he’d be embarrassed to see me in a Stormtroopers cap! He’d much rather wear it himself. So if I buy one, it’ll very quickly become his.”

Mullin will be donning his Star Wars T-shirt to see The Force Awakens when it comes out – “and the cap too, if I decide to get one. So I’ll be kitted out in my Star Wars uniform”.

Australian tech writer Jack ‘Skywalker’ Stanley, 28, won’t be buying a cap, but he is hoping to get his hands on a Darth Vader costume instead to watch the latest film. “I think the New Era hats are a bit gimmicky, but to some it will be seen as a collectors item.”

Stanley is celebrating Star Wars Day by watching the first three movies with his pals. “It’s going to be a late night! I think one guy is coming dressed as Lord Vader. May the 4th be with you, UAE.”

artslife@thenational.ae

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Western Region Asia Cup T20 Qualifier

Sun Feb 23 – Thu Feb 27, Al Amerat, Oman

The two finalists advance to the Asia qualifier in Malaysia in August

 

Group A

Bahrain, Maldives, Oman, Qatar

 

Group B

UAE, Iran, Kuwait, Saudi Arabia

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

JAPANESE GRAND PRIX INFO

Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday 

Race venue: Suzuka International Racing Course
Circuit Length: 5.807km
Number of Laps: 53
Watch live: beIN Sports HD

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

On sale: now

Director: Romany Saad
Starring: Mirfat Amin, Boumi Fouad and Tariq Al Ibyari

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