Snow blanketed parts of Saudi Arabia’s north-western city of Tabuk on New Year’s Day, footage shared online showed.
People have been flocking to Jebel Al Lawz since Saturday, when snow began to fall in most areas.
The extreme weather led the security forces to close the road leading to the area after thousands of residents and visitors arrived to enjoy the sight, reports said.
More snow is expected to fall on Jebel Al Lawz as well as the mountain areas of Al Dhahr and Alqan early on Sunday, with temperatures expected to drop below 0°C.
Saudi Arabia’s Civil Defence urged visitors and residents of Tabuk to be vigilant amid low visibility and the possibility of heavy rainfall and thunder expected to last until Monday.
Jebel Al Lawz is a mountain in the north-west of Saudi Arabia near the Jordanian border in the Tabuk province, about 200 kilometres north-west of the city of Tabuk.
Meanwhile, Saudi Arabia’s National Centre for Meteorology said thunderstorms accompanied by showers and hail are expected in Makkah, Al Bahah, Riyadh, Al Qassim and other areas of the kingdom.
Snow covered parts of the kingdom’s northern cities last year. The last time Saudi Arabia experienced so much snowfall was in 2018, when locals and tourists took to fun snow activities such as riding sleighs and snowball fights.
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.
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