Outside chance for some bargains in the capital



ABU DHABI // Everybody loves a bargain. And in a country where souqs are a rich part of Emirati heritage and shopping is sport, it is little wonder that outdoor markets are a hit in other emirates. Soon, cost-conscious shoppers in the capital may be able to enjoy a new outdoor shopping experience a little closer to home.

A community market will open at Khalifa Park from March 11 until May 1, according to Melanie Beese, the woman who introduced flea markets to Dubai. It is a project she has been asked to manage by Abu Dhabi Municipality, she said yesterday. Ms Beese hopes that the Khalifa Park market will become a lively and bustling shopping destination akin to London's Covent Garden. "There will be live entertainment shows every day, music and dancing, funfair rides and a market every day with vendors from all over the world selling goods," she said.

On weekends, she said, an arts-and-crafts market will be added to the line-up, as well as exhibition space for young fashion designers. A flea market will be staged once a month. "They have the malls in Abu Dhabi, of course, but there is not always so much entertainment and people here love the souqs, live entertainment and funfair rides," Ms Beese said. "We want it to have a long-term place in the city."

Nour Salman, 24, a financier from Palestine, said she would be keen to explore a new market before the weather heats up. "It would be interesting to have something different and it would be an opportunity for more creative vendors to set up," she said. "Artists could go and sell their work and there would be more individual items available which would be great for everyone." Ms Beese said that an Abu Dhabi family recently made the early morning drive to Safa Park to exhibit their unwanted belongings at the Dubai flea market.

Amal Salameh, a 23-year-old Jordanian receptionist, said she often makes the hour-long drive to spend time in Dubai's outdoor spaces. "It would be a nice change for Abu Dhabi because I usually have to go to Dubai for things like this," she said. "People love souqs," Ms Beese said. "They like the social activity. "I don't know what to expect from the flea-market sales in Abu Dhabi but I am interested to see who exhibits and what is on sale."

The market is expected to run from 4pm to 10pm weekdays, and until midnight on weekends. @Email:loatway@thenational.ae aseaman@thenational.ae

How much do leading UAE’s UK curriculum schools charge for Year 6?
  1. Nord Anglia International School (Dubai) – Dh85,032
  2. Kings School Al Barsha (Dubai) – Dh71,905
  3. Brighton College Abu Dhabi - Dh68,560
  4. Jumeirah English Speaking School (Dubai) – Dh59,728
  5. Gems Wellington International School – Dubai Branch – Dh58,488
  6. The British School Al Khubairat (Abu Dhabi) - Dh54,170
  7. Dubai English Speaking School – Dh51,269

*Annual tuition fees covering the 2024/2025 academic year

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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Price: From Dh2,099

Veere di Wedding
Dir: Shashanka Ghosh
Starring: Kareena Kapoo-Khan, Sonam Kapoor, Swara Bhaskar and Shikha Talsania ​​​​​​​
Verdict: 4 Stars

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
UAE currency: the story behind the money in your pockets
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The specs
 
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On sale: December
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In Praise of Zayed

A thousand grains of Sand whirl in the sky
To mark the journey of one passer-by
If then a Cavalcade disturbs the scene,
Shall such grains sing before they start to fly?

What man of Honour, and to Honour bred
Will fear to go wherever Truth has led?
For though a Thousand urge him to retreat
He'll laugh, until such counsellors have fled.

Stands always One, defiant and alone
Against the Many, when all Hope has flown.
Then comes the Test; and only then the time
Of reckoning what each can call his own.

History will not forget: that one small Seed
Sufficed to tip the Scales in time of need.
More than a debt, the Emirates owe to Zayed
Their very Souls, from outside influence freed.
No praise from Roderic can increase his Fame.
Steadfastness was the Essence of his name.
The changing years grow Gardens in the Sand
And build new Roads to Sand which stays the same.
But Hearts are not rebuilt, nor Seed resown.
What was, remains, essentially Alone.
Until the Golden Messenger, all-wise,
Calls out: "Come now, my Friend!" - and All is known

- Roderic Fenwick Owen