Roads in Dubai were flooded after record rainfall on April 16. Pawan Singh / The National
Roads in Dubai were flooded after record rainfall on April 16. Pawan Singh / The National
Roads in Dubai were flooded after record rainfall on April 16. Pawan Singh / The National
Roads in Dubai were flooded after record rainfall on April 16. Pawan Singh / The National

'New normal' of extreme weather in Gulf will require significant infrastructure investment


Daniel Bardsley
  • English
  • Arabic

Countries in the Gulf will be required to invest billions of dollars in flood-proofing infrastructure as the region grapples with the “new normal” of extreme weather, a report has found.

A briefing document from Oxford Analytica, an analysis and advisory company, warned the region “has not fully adapted” to the challenges posed by climate change and faces high costs, with each flooding event costing as much as $4.7 billion.

The report follows severe flooding last month, when some areas in Dubai received more than 250mm of rain in 24 hours – the highest figure in at least 75 years and about double the amount that typically falls in a year.

The study called for “increased expenditure” to help weather storms, by ensuring better drainage, upgrades to the health sector and the expansion of early warning systems.

It urged Gulf nations to overhaul existing infrastructure and look to nature to protect against adverse weather, including the building of canals to help contain flooding.

Titled, “Flash floods will increase in frequency in the Gulf”, the report notes that the Gulf is among the most heavily affected regions of the world by climate change, with temperatures having increased at a “significantly higher” rate than the global average.

Rising flood threat

  • Tankers clearing waterlogged roads near Discovery Gardens metro station in Dubai on April 22. Pawan Singh / The National
    Tankers clearing waterlogged roads near Discovery Gardens metro station in Dubai on April 22. Pawan Singh / The National
  • Many roads in Dubai have been flooded since last week's torrential rainfall. Pawan Singh / The National
    Many roads in Dubai have been flooded since last week's torrential rainfall. Pawan Singh / The National
  • The tankers are pumping the water from the roads. Pawan Singh / The National
    The tankers are pumping the water from the roads. Pawan Singh / The National
  • School buses on hand to drive pupils through the water after the flood. Antonie Robertson / The National
    School buses on hand to drive pupils through the water after the flood. Antonie Robertson / The National
  • Pupils are returning to school after many were closed due to the heavy rain and flooding. Antonie Robertson / The National
    Pupils are returning to school after many were closed due to the heavy rain and flooding. Antonie Robertson / The National
  • The clean-up is under way in District 5, Jumeirah Park. Antonie Robertson / The National
    The clean-up is under way in District 5, Jumeirah Park. Antonie Robertson / The National
  • District 5 residents deal with the aftermath of the flooding one week on. Antonie Robertson / The National
    District 5 residents deal with the aftermath of the flooding one week on. Antonie Robertson / The National

“As a result, the Gulf states are already experiencing the ‘new normal’, meaning that extreme weather events such as droughts and floods are on the rise,” the report said.

The report’s warnings tie in with the conclusions of scientists, who say that climate change is putting the region at greater risk of extreme weather.

“Several previous scientific studies have come to the same conclusion, which is that extreme rainfall events, especially during spring, are becoming more frequent and more intense and this tendency is set to continue in the coming decades,” said Dr Diana Francis, an assistant professor who heads the Environmental and Geophysical Sciences (Engeos) Lab at Khalifa University in Abu Dhabi.

Dr Francis, who is not connected to the Oxford Analytica report, said the reasons for this trend include a combination of high temperature and high humidity, which contributes to the formation of “powerful convective clouds”, which are formed by convection, the process by which warm air rises.

“Changes in the atmospheric circulation in the upper levels of the atmosphere associated with the jet [streams] are providing the trigger for these events,” she added.

In a recent paper in Nature Scientific Reports, Dr Francis and her colleague Dr Ricardo Fonseca found that the tropics would expand towards the poles, with the UAE and Oman seeing their climate change from subtropical to tropical.

“A tropical climate is known for extreme rainfall events in spring and summer,” Dr Francis said.

As reported late last month, scientists from the World Weather Attribution group found that the storms that hit the UAE and Oman on April 15 were made up to 40 per cent more intense as a result of climate change.

The Oxford Analytica report said “recurrent floods will be particularly disruptive to public infrastructure, including transport, emergency, health and education services”.

It noted that investments of hundreds of millions of dirhams were announced in Dubai after flash floods in 2020, with these coming in addition to the $2.5 billion Deep Tunnel Storm Water System, a 10km tunnel with a diameter of 11.05 metres that drains much of the southern part of Dubai’s urban area.

“The tunnel mitigated the impact of the 2022 and 2024 floods for about 40 per cent of the population in Dubai,” the report said.

“However, such plans are unlikely to suffice. The region will likely require billions of dollars in investment to transform infrastructure by constructing not only further stormwater tunnels, but also canals.

“Rapid urbanisation has also overwhelmed traditional drainage systems. To adapt, national and municipal authorities will push urban developers to ensure there are sufficient drainage systems, especially in new land developments in close proximity to desert areas.”

Climate action plan

Dr Hassan Aftab Sheikh, a research fellow at the Smith School of Enterprise and the Environment at the University of Oxford, said that New York offered an example of the types of measures authorities could consider to mitigate the effects of severe rainfall.

The New York Department of Environmental Protection has produced an interactive map of the American city showing which properties are most at risk of flooding, as well as provided workshops outlining measures residents can take to reduce the risks.

The department has also offered flood barriers that residents can put up to protect their property in the event of flooding.

Dr Sheikh said cities in the Gulf region could also look at nature-based solutions to mitigate the effects of extreme rainfall.

These can include green infrastructure, a term that covers features such as rain gardens, which are shallow areas that receive run-off from hard surfaces. Also, canals could be incorporated into new developments, Dr Sheikh said.

He indicated that such elements could promote the absorption of floodwater in built-up areas where there are large amounts of concrete.

“The Middle East can follow Rotterdam’s small reservoirs to store excess rainwater. All these options are cost-effective and build resilience other than trying to come up with a better drainage system,” Dr Sheikh said.

With climate change causing weather events to become more intense, he added that there were risks that even upgraded drainage systems would be unable to cope with the level of rain.

“You can look at the people who live in these flood-prone areas,” he said. “Is there other infrastructure you can built to maybe buy some time if an event occurs, to mitigate the human risk?”

Dr Sheikh said authorities in the region could look to develop new early warning systems to alert residents in advance of the risk of flooding so that they can take measures to protect themselves.

How Tesla’s price correction has hit fund managers

Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.

It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.

The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.

Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.

Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.

He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.

AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”

A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.

Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.

Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.

Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.

By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.

Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.

In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”

Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.

She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.

Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.

The biog

DOB: 25/12/92
Marital status: Single
Education: Post-graduate diploma in UAE Diplomacy and External Affairs at the Emirates Diplomatic Academy in Abu Dhabi
Hobbies: I love fencing, I used to fence at the MK Fencing Academy but I want to start again. I also love reading and writing
Lifelong goal: My dream is to be a state minister

RESULTS

Lightweight (female)
Sara El Bakkali bt Anisha Kadka
Bantamweight
Mohammed Adil Al Debi bt Moaz Abdelgawad
Welterweight
Amir Boureslan bt Mahmoud Zanouny
Featherweight
Mohammed Al Katheeri bt Abrorbek Madaminbekov
Super featherweight
Ibrahem Bilal bt Emad Arafa
Middleweight
Ahmed Abdolaziz bt Imad Essassi
Bantamweight (female)
Ilham Bourakkadi bt Milena Martinou
Welterweight
Mohamed Mardi bt Noureddine El Agouti
Middleweight
Nabil Ouach bt Ymad Atrous
Welterweight
Nouredine Samir bt Marlon Ribeiro
Super welterweight
Brad Stanton bt Mohamed El Boukhari

Law%2041.9.4%20of%20men%E2%80%99s%20T20I%20playing%20conditions
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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2a)
%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%206.7%E2%80%9D%20flexible%20Amoled%2C%202412%20x%201080%2C%20394ppi%2C%20120Hz%2C%20Corning%20Gorilla%20Glass%205%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20MediaTek%20Dimensity%207200%20Pro%2C%204nm%2C%20octa-core%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F12GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECapacity%3A%3C%2Fstrong%3E%20128%2F256GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPlatform%3A%3C%2Fstrong%3E%20Android%2014%2C%20Nothing%20OS%202.5%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%3A%3C%2Fstrong%3E%20Dual%2050MP%20main%2C%20f%2F1.88%20%2B%2050MP%20ultra-wide%2C%20f%2F2.2%3B%20OIS%2C%20EIS%2C%20auto-focus%2C%20ultra%20XDR%2C%20night%20mode%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20camera%20video%3A%3C%2Fstrong%3E%204K%20%40%2030fps%2C%20full-HD%20%40%2060fps%3B%20slo-mo%20full-HD%20at%20120fps%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFront%20camera%3A%3C%2Fstrong%3E%2032MP%20wide%2C%20f%2F2.2%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%205000mAh%3B%2050%25%20in%2030%20mins%20w%2F%2045w%20charger%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%2C%20Bluetooth%205.3%2C%20NFC%20(Google%20Pay)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBiometrics%3A%3C%2Fstrong%3E%20Fingerprint%2C%20face%20unlock%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20USB-C%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDurability%3A%3C%2Fstrong%3E%20IP54%2C%20limited%20protection%20from%20water%2Fdust%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECards%3A%3C%2Fstrong%3E%20Dual-nano%20SIM%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Black%2C%20milk%2C%20white%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20Nothing%20Phone%20(2a)%2C%20USB-C-to-USB-C%20cable%2C%20pre-applied%20screen%20protector%2C%20SIM%20tray%20ejector%20tool%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%20(UAE)%3A%3C%2Fstrong%3E%20Dh1%2C199%20(8GB%2F128GB)%20%2F%20Dh1%2C399%20(12GB%2F256GB)%3C%2Fp%3E%0A
About Seez

Company name/date started: Seez, set up in September 2015 and the app was released in August 2017  

Founder/CEO name(s): Tarek Kabrit, co-founder and chief executive, and Andrew Kabrit, co-founder and chief operating officer

Based in: Dubai, with operations also in Kuwait, Saudi Arabia and Lebanon 

Sector:  Search engine for car buying, selling and leasing

Size: (employees/revenue): 11; undisclosed

Stage of funding: $1.8 million in seed funding; followed by another $1.5m bridge round - in the process of closing Series A 

Investors: Wamda Capital, B&Y and Phoenician Funds 

if you go

The flights

Emirates have direct flights from Dubai to Glasgow from Dh3,115. Alternatively, if you want to see a bit of Edinburgh first, then you can fly there direct with Etihad from Abu Dhabi.

The hotel

Located in the heart of Mackintosh's Glasgow, the Dakota Deluxe is perhaps the most refined hotel anywhere in the city. Doubles from Dh850

 Events and tours

There are various Mackintosh specific events throughout 2018 – for more details and to see a map of his surviving designs see glasgowmackintosh.com

For walking tours focussing on the Glasgow Style, see the website of the Glasgow School of Art. 

More information

For ideas on planning a trip to Scotland, visit www.visitscotland.com

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Breast cancer in men: the facts

1) Breast cancer is men is rare but can develop rapidly. It usually occurs in those over the ages of 60, but can occasionally affect younger men.

2) Symptoms can include a lump, discharge, swollen glands or a rash. 

3) People with a history of cancer in the family can be more susceptible. 

4) Treatments include surgery and chemotherapy but early diagnosis is the key. 

5) Anyone concerned is urged to contact their doctor

 

Racecard
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Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

Where can I submit a sample?

Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.

Collection centres in Abu Dhabi include:

  • Abu Dhabi National Exhibition Centre (ADNEC)
  • Biogenix Labs in Masdar City
  • Al Towayya in Al Ain
  • NMC Royal Hospital in Khalifa City
  • Bareen International Hospital
  • NMC Specialty Hospital, Al Ain
  • NMC Royal Medical Centre - Abu Dhabi
  • NMC Royal Women’s Hospital.
GRAN%20TURISMO
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The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

Updated: May 20, 2024, 11:21 AM