Abu Dhabi National Oil Company and Line Investment & Property L.L.C., a subsidiary of Lulu Group International, have signed an agreement that would make the latter assume the Operations and Management Services responsibilities of the Ruwais Shopping Mall in Gharbia. Line Investment & Property L.L.C. is expected to provide maximum effectiveness and deliver efficiency in the operation of the Mall.
An agreement to this effect was signed by Mr. Saeed Said Al Qamzi Director of Administration, ADNOC and Mr. Yusuffali MA, Managing Director of Lulu Group International at ADNOC HQ yesterday. On behalf of H.E. Abdulla Nasser Al Suwaidi, ADNOC Director General, Mr. Mohammed S. Al Qubaisi Human Resources Director at ADNOC witnessed the signing ceremony in the presence of Mr. Saifee T. Rupawala CEO, Mr. Ashraf Ali M. A., Executive Director of Lulu Group International and Mr. Raja Abdulkader, Director of Line Investments.
The Mall will serve residents of the Ruwais Residential Complex (RRC), operated by ADNOC, and the population in the Ruwais area, where the number of inhabitants is expected to reach 20,000 by the year 2015. RRC has been witnessing continuous development and growth due to mega projects and developments, which are executed by ADNOC in the Oil and Gas Sector in Gharbia.
The Ruwais Shopping Mall covers an area of 31,254 square meters where it is considered the biggest shopping mall in Gharbia comprising 32 shops as retail outlets divided between two floors. The mall includes 416 car parking spaces, four restaurants, five cafes and seven fast food outlets, in addition to a number of recreational facilities including ice rinks, bowling tracks, cinema halls and services facilities that cover an area of 13,522 square meters on built-up areas.
“Due to its distinct location, the Ruwais Shopping Mall serves the RRC population, residents of Ruwais and also commuters using the freeway that connects the UAE with Saudi Arabia and Qatar, in addition, to the Nuclear Plant in Al Baraka and its surrounding areas. The mall provides added value to the services and recreational facilities that it would be considered a leisure outlet for all residents and workers in the area, in addition to being an attractive destination from across the Emirate of Abu Dhabi and rest of the UAE contributing to economic and touristic prosperity,” added Al Qamzi.
Commenting on the agreement Yusuffali MA said, “We are delighted to be chosen by ADNOC to manage and operate this prestigious project in Ruwais. It is in sync with our Group’s commitment to expand further into the western regions of Abu Dhabi so that the residents there don’t have to travel long distance to get world class shopping and leisure activities”.
Picture shows: Mr. Saeed Said Al Qamzi Director of Administration, ADNOC and Mr. Yusuffali MA, Managing Director of Lulu Group International exchanging documents after siging the agreement for the management of Ruwais Shopping Mall, at ADNOC HQ. Present on the occasion were Mr. Mohammed S. Al Qubaisi Human Resources Director at ADNOC, Mr. Saifee T. Rupawala CEO, Mr. Ashraf Ali M. A., Executive Director of Lulu Group International and Mr. Raja Abdulkader, Director of Line Investments.