Business | Retail

Adnoc and Lulu sign agreement for the management of Ruwais Shopping Mall

Mall will serve residents of Ruwais Residential Complex

  • Staff Reporf
  • Published: 18:11 June 18, 2013
  • Gulf News

Abu Dhabi:Abu Dhabi National Oil Company and Line Investment & Property, 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.

An agreement was signed by Saeed Said Al Qamzi Director of Administration, Adnoc and Yousuf Ali M.A., Managing Director of Lulu Group International at Adnoc headquarters yesterday.

The Mall will serve residents of the Ruwais Residential Complex (RRC) 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. Adnoc continues to work on increasing the accommodation capacity for the complex through the buildup of further residential units.

The complex comprises large number of government and private schools, in addition to various services and recreational facilities.

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.

Al Qubaisi said Adnoc and its group of companies conduct a significant role in supporting Gharbia through exploiting all possible capabilities and providing further job vacancies, training and developing Gharbia national residents in Adnoc Group of Companies. He pointed at Adnoc keenness to contributing in the development and prosperity that is witnessed in Gharbia. Al Qubaisi underscored the role Adnoc and its Group of Companies play in strengthening the culture of social responsibility for companies, so it is translated into reality in the Emirate of Abu Dhabi and Gharbia in specific due to the importance of the area as a centre for economic prosperity and a destination of investment for the future of the UAE.

Al Qamzi said signing the agreement comes within the framework of Adnoc care in providing comfortable lifestyle for staff through developed housing facilities, taking into consideration residents’ daily needs..

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