Related: Rain hits UAE as one dead in Oman flooding
Heavy rain and hail was reported in parts of the UAE on Monday afternoon as the country braces for a week of unstable weather.
Much of the Emirates will experience cloudy conditions in the days ahead with rainfall also in prospect in some areas as a tropical weather system affects the country.
The National Centre of Meteorology forecast wet weather in the east and south in particular, from Monday until Thursday, accompanied by a slight drop in temperatures.
The weather centre reported downpours and hail on the Dubai-Al Ain Road and the Masakin area of Al Ain shortly before 4pm on Monday.
The NCM said the spell of unstable weather was a result of an extension of what is known as the “intertropical convergence zone”.
This is a system associated with clouds, showers and even storms and is caused by the convergence of the trade winds.
Trade winds move typically from the east and curve towards the equator. Warm, moist air is forced upwards, cools and then can lead to showers that are often intense in Earth's midsection.
The system is also associated with what is known in seafaring circles as "the doldrums".
According to the US National Oceanic and Atmospheric Administration, there is often little surface wind in the zone, making navigating waters hugely challenging for sailors in some instances.
For the UAE, the NCM said the system could bring light to moderate winds, fresh at times, blowing from the south-east to north-east, becoming north-westerly at times, with convective clouds causing blowing dust and sand, which will reduce visibility.
It forecast light to moderate waves in the Arabian Gulf, becoming rough at times on Tuesday in the Sea of Oman.
Maximum temperatures on Monday were expected to be 45°C, with lows of 28°C in inland.
The centre said these conditions were expected to last past midweek and underlined it was monitoring the situation round the clock and will continue providing updates.
Already some areas of the country have been hit by downpours.
Storm Centre, a popular social media account that tracks UAE weather, posted over the past 24 hours videos of rain falling in parts of the country’s east coast such as Khor Fakkan and around Fujairah City.
It shared further footage on Monday of a driver navigating wet weather on the Dubai
These patterns could also bring some respite from the summer heat. Temperatures have already crossed the 50ºC threshold several times this summer. Authorities have taken action to ease the impact of this intense heat.
The UAE has introduced its midday break for outdoor workers, which is in place until September, while Friday prayers have been shortened to 10 minutes until October.
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Real Madrid 1
Ronaldo (53')
Atletico Madrid 1
Griezmann (57')
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Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
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Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
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2.45pm: Maiden (PA) Dh40,000 1,200m
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Company profile
Name: Oulo.com
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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.”
10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
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Why are you, you?
Why are you, you?
From this question, a new beginning.
From this question, a new destiny.
For you are a world, and a meeting of worlds.
Our dream is to unite that which has been
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We reflect all cultures, all ways.
We are a twenty first century wonder.
Universal ideals, visions of art and truth.
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Come with questions, leave with visions.
We are the link between the past and the future.
Here, through art, new possibilities are born. And
new answers are given wings.
Why are you, you?
Because we are mirrors of each other.
Because together we create new worlds.
Together we are more powerful than we know.
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Ben Okri,
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Engine: 4.0-litre V8 twin-turbocharged and three electric motors
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Torque: 730Nm at 4,000-7,000rpm
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Fuel consumption: 11.2L/100km
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Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
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- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
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