On location: Central Market, Al Ain. It's an oasis of green in the city, and shopkeepers say business is improving, but the place is still a well kept secret. Ola Salem reports, with photos by Delores Johnson
Outside the plant stores in the Central Market in Al Ain, Afghan, Pakistani and Indian "gardeners" stand silently, waiting for customers.
Business has risen steadily in the three years since the market opened, the shopkeepers say, but add that they are still unable to make a decent profit.
"We come from Fajr to Maghrib," says Baz, an Indian, referring to Muslim prayer times. "There are customers, but little."
At 8.45am, the sound of an approaching car echoes through the market. The shopkeepers raise their hands in unison, signalling to the driver of the white Lexus that theirs is the shop to visit.
But the driver dismisses the invitations and speeds past, and the workers go back to what was occupying them earlier.
An elderly woman walks around the flower and plant stores, looking for Lebanese lilies.
Baz acts fast. He brings out a lily. It's Lebanese, he says, but the woman is suspicious. She asks for a Syrian plant instead; he brings out a flower identical to the first.
Next door, MG, a Jordanian, is dying to tell the women she is being duped. He hesitates.
"I am a biology graduate," says MG once she is out of earshot. "I know these plants; all the other Asian workers don't know anything at all.
"We are meant to all be gardeners - this is a plantation, not a supermarket. We are meant to produce our own plants and sell them here."
The excitement he felt a year ago, when he was starting his own business, has long dissipated, he says. He was told before he set up shop that this centre was to be the only place in the city to go for plants; the rest of the stores would be closed or relocated to the Central Market. That has yet to happen.
"People prefer to go there," he says, referring to other locations in the city where one can buy plants and flowers, places that are more centrally located.
"Here, like you can see, we are far." He is struggling financially, getting by only through other sources of income.
"Hamdulillah, I am better than the other stores, I have other sources of income, but others had to close," he says.
"I pay Dh40,000 per year for rent for this place, and the profit is not supporting our expenses. We even have to pay for water and electricity, so expenses are very high in summer."
For five months during the summer the market is dead, devoid of customers.
"From the end of May until September no one is here," says Hamed, an Afghan who works in one of the flower stores.
Not only does the heat dissuade shoppers, he says; it also turns watering and tending the plants into a chore.
MG's shop, at the far end of the row of 60 shops, is the only one that also sells birds, paving materials and garden ornaments in addition to plants, trees and shrubs.
"I want people to see this and imagine their own garden," he says. "If a person has just purchased a house for Dh4 million and doesn't know what to do with his garden, we want to give him the idea."
He excuses himself to greet an Emirati customer who says he is looking for fruit trees.
Typical, MG says later. Emiratis always look for fruit trees, western expatriates prefer indoor plants, and Arab expatriates take ornaments.
"Abu Dhabi plantations are doing much better," he says. "There are more westerners who care about these plants and flowers more."
[ osalem@thenational.ae ]
SUE GRAY'S FINDINGS
"Whatever the initial intent, what took place at many of these gatherings and the
way in which they developed was not in line with Covid guidance at the time.
"Many of these events should not have been allowed to happen. It is also the case that some of the
more junior civil servants believed that their involvement in some of these events was permitted given the attendance of senior leaders.
"The senior leadership at the centre, both political and official, must bear responsibility for this culture.
"I found that some staff had witnessed or been subjected to behaviours at work which they had felt concerned about but at times felt unable to raise properly.
"I was made aware of multiple examples of a lack of respect and poor treatment of security and cleaning staff. This was unacceptable."
COMPANY PROFILE
Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
Men from Barca's class of 99
Crystal Palace - Frank de Boer
Everton - Ronald Koeman
Manchester City - Pep Guardiola
Manchester United - Jose Mourinho
Southampton - Mauricio Pellegrino
MATCH INFO
Hoffenheim v Liverpool
Uefa Champions League play-off, first leg
Location: Rhein-Neckar-Arena, Sinsheim
Kick-off: Tuesday, 10.45pm (UAE)
The specs: 2017 Maserati Quattroporte
Price, base / as tested Dh389,000 / Dh559,000
Engine 3.0L twin-turbo V8
Transmission Eight-speed automatic
Power 530hp @ 6,800rpm
Torque 650Nm @ 2,000 rpm
Fuel economy, combined 10.7L / 100km
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.
COMPANY PROFILE
Company name: Klipit
Started: 2022
Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant
Based: Dubai, UAE
Industry: Digital receipts, finance, blockchain
Funding: $4 million
Investors: Privately/self-funded
Aquaman and the Lost Kingdom
Director: James Wan
Starring: Jason Mamoa, Patrick Wilson, Amber Heard, Yahya Abdul-Mateen II
Rating: 2/5
More from Neighbourhood Watch:
Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat