• A man pours cold water onto his head to cool off on a hot day in the Mediterranean Sea in Beirut, Lebanon. AP
    A man pours cold water onto his head to cool off on a hot day in the Mediterranean Sea in Beirut, Lebanon. AP
  • Fog on the fields outside the city of Wehrheim, about 30km north of Frankfurt in Germany. AP
    Fog on the fields outside the city of Wehrheim, about 30km north of Frankfurt in Germany. AP
  • Visitors cover their heads from the sun after a scaled down version of the Changing of the Guard ceremony took place outside Buckingham Palace, during heavy heat in London. AP
    Visitors cover their heads from the sun after a scaled down version of the Changing of the Guard ceremony took place outside Buckingham Palace, during heavy heat in London. AP
  • A man sleeps outside his home because of the intense heat in Yemen's Red Sea port city of Hodeidah. AFP
    A man sleeps outside his home because of the intense heat in Yemen's Red Sea port city of Hodeidah. AFP
  • Holidaymakers on the beach at Sokcho, east of Seoul, South Korea. EPA
    Holidaymakers on the beach at Sokcho, east of Seoul, South Korea. EPA
  • Travellers cross the Dal Lake in Srinagar, India, during rainfall. AFP
    Travellers cross the Dal Lake in Srinagar, India, during rainfall. AFP
  • A man walks beneath pavement misters in Phoenix, Arizona. AP
    A man walks beneath pavement misters in Phoenix, Arizona. AP
  • Red Cross paramedics help a homeless man who felt dizzy in the heatwave in Mexicali, Mexico. Reuters
    Red Cross paramedics help a homeless man who felt dizzy in the heatwave in Mexicali, Mexico. Reuters
  • Daniel, a homeless man, cools off in a park during the heatwave in Mexicali, Mexico. Reuters
    Daniel, a homeless man, cools off in a park during the heatwave in Mexicali, Mexico. Reuters
  • Pedestrians under parasols in Mirae Scientist Street in Pyongyang, North Korea. AP
    Pedestrians under parasols in Mirae Scientist Street in Pyongyang, North Korea. AP
  • Zookeeper Shinji Otsuru gives Elvis, the Galapagos giant tortoise, a shower at the Phoenix Zoo as Arizona battles through a heatwave. Reuters
    Zookeeper Shinji Otsuru gives Elvis, the Galapagos giant tortoise, a shower at the Phoenix Zoo as Arizona battles through a heatwave. Reuters
  • Children keep cool on a fountain at the Stavros Niarchos Foundation Cultural Centre in Athens, Greece. AP
    Children keep cool on a fountain at the Stavros Niarchos Foundation Cultural Centre in Athens, Greece. AP
  • Palestinians enjoy a day at the beach on the Mediterranean Sea during a heatwave in Gaza City. AP
    Palestinians enjoy a day at the beach on the Mediterranean Sea during a heatwave in Gaza City. AP
  • A street seller protects herself from the sun with a parasol in the coastal area in Panama City, Panama.
    A street seller protects herself from the sun with a parasol in the coastal area in Panama City, Panama.
  • Boys dive into the Bosphorus as temperatures rise above 30°C in Istanbul, Turkey. Getty
    Boys dive into the Bosphorus as temperatures rise above 30°C in Istanbul, Turkey. Getty

July likely to be hottest month for 'hundreds, if not thousands, of years'


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  • Arabic

July 2023 is expected to be the hottest month yet, as people around world face record-breaking heatwaves.

Global air temperatures have climbed this month, with July 3 being the hottest day the planet has yet experienced.

This will probably be the warmest month for “hundreds, if not thousands, of years”, senior Nasa climatologist Gavin Schmidt said.

His remarks came as the US battles the heat.

The National Weather Service (NWS) said a “dangerous, long-lived, and record-breaking heatwave” will continue to affect the South-West this weekend, where temperature records have already been broken. Parts of the Mid-South, South-East and Gulf Coast are also forecast to endure oppressive heat and humidity.

Night-time temperatures will provide little relief to those in affected areas, the NWS reported.

“Temperatures and heat indexes will reach levels that would pose a health risk, and be potentially deadly to anyone without effective cooling and/or adequate hydration,” the US weather agency said in a Friday bulletin.

A heatwave in Europe is also causing sweltering conditions along the Mediterranean with temperatures hitting 47ºC in Sardinia this week.

Meanwhile, firefighting teams in parts of Europe were rushing to assist Greece as the country continues to battle raging wildfires.

Parts of China were also facing oppressive heat, with the country's interior particularly bearing the brunt of the conditions.

“We are seeing unprecedented changes all over the world – the heatwaves that we're seeing in the US in Europe and in China are demolishing records, left, right and centre,” Mr Schmidt said.

One of the drivers is El Nino, a climate phenomenon.

El Nino forms when east-to-west trade winds weaken, causing periods of warm water. These warmer waters cause areas to experience dryer and warmer conditions than usual, the US National Oceanic Atmospheric Administration (NOAA) said.

The NOAA declared last month that El Nino was under way after a three-year period of a cooler La Nina pattern.

El Nino can also cause thunderstorms and increased flooding.

“What we're seeing is the overall warmth, pretty much everywhere, particularly in the oceans. We've been seeing record-breaking sea surface temperatures, even outside of the tropics, for many months now,” he said.

“And we will anticipate that is going to continue, and the reason why we think that's going to continue, is because we continue to put greenhouse gasses into the atmosphere.”

Mr Schmidt said there is a 50 per cent chance this year will be the hottest on record, although he said other scientists have gone as high as 80 per cent.

Agencies contributed to this report

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

What is Folia?

Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai.

Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I’ve always appreciated Matthew’s work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship."

Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust.

In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love". 

There are also plans to take Folia to several more locations throughout the Middle East and Europe.

While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with."

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

COMPANY%20PROFILE
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Company Profile:

Name: The Protein Bakeshop

Date of start: 2013

Founders: Rashi Chowdhary and Saad Umerani

Based: Dubai

Size, number of employees: 12

Funding/investors:  $400,000 (2018) 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The Cairo Statement

 1: Commit to countering all types of terrorism and extremism in all their manifestations

2: Denounce violence and the rhetoric of hatred

3: Adhere to the full compliance with the Riyadh accord of 2014 and the subsequent meeting and executive procedures approved in 2014 by the GCC  

4: Comply with all recommendations of the Summit between the US and Muslim countries held in May 2017 in Saudi Arabia.

5: Refrain from interfering in the internal affairs of countries and of supporting rogue entities.

6: Carry out the responsibility of all the countries with the international community to counter all manifestations of extremism and terrorism that threaten international peace and security

Recent winners

2002 Giselle Khoury (Colombia)

2004 Nathalie Nasralla (France)

2005 Catherine Abboud (Oceania)

2007 Grace Bijjani  (Mexico)

2008 Carina El-Keddissi (Brazil)

2009 Sara Mansour (Brazil)

2010 Daniella Rahme (Australia)

2011 Maria Farah (Canada)

2012 Cynthia Moukarzel (Kuwait)

2013 Layla Yarak (Australia)              

2014 Lia Saad  (UAE)

2015 Cynthia Farah (Australia)

2016 Yosmely Massaad (Venezuela)

2017 Dima Safi (Ivory Coast)

2018 Rachel Younan (Australia)

What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

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Baldur's%20Gate%203
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The%20Legend%20of%20Zelda%3A%20Tears%20of%20The%20Kingdom
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Marvel's%20Spider-Man%202
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Assassin's%20Creed%20Mirage
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Starfield
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Tickets

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

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In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

'The Batman'

Stars:Robert Pattinson

Director:Matt Reeves

Rating: 5/5

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The%20US%20Congress%20explained
%3Cp%3E-%20Congress%20is%20one%20of%20three%20branches%20of%20the%20US%20government%2C%20and%20the%20one%20that%20creates%20the%20nation's%20federal%20laws%3C%2Fp%3E%0A%3Cp%3E-%20Congress%20is%20divided%20into%20two%20chambers%3A%20The%20House%20of%20Representatives%20and%20the%20Senate%3C%2Fp%3E%0A%3Cp%3E-%C2%A0The%20House%20is%20made%20up%20of%20435%20members%20based%20on%20a%20state's%20population.%20House%20members%20are%20up%20for%20election%20every%20two%20years%3C%2Fp%3E%0A%3Cp%3E-%20A%20bill%20must%20be%20approved%20by%20both%20the%20House%20and%20Senate%20before%20it%20goes%20to%20the%20president's%20desk%20for%20signature%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%20218%20seats%20to%20be%20in%20control%20of%20the%20House%20of%20Representatives%3C%2Fp%3E%0A%3Cp%3E-%20The%20Senate%20is%20comprised%20of%20100%20members%2C%20with%20each%20state%20receiving%20two%20senators.%20Senate%20members%20serve%20six-year%20terms%3C%2Fp%3E%0A%3Cp%3E-%20A%20political%20party%20needs%2051%20seats%20to%20control%20the%20Senate.%20In%20the%20case%20of%20a%2050-50%20tie%2C%20the%20party%20of%20the%20president%20controls%20the%20Senate%3C%2Fp%3E%0A
Updated: July 28, 2023, 7:03 AM