A terrible fact of climate change is that so many of the places set to be affected the most and the quickest have the least capacity to prepare. Several countries in the Middle East are prime examples, as are the states in the Horn of Africa.
The region is home to roughly 11 per cent of Africans, and some of the continent’s most volatile states. The UN Population Fund estimates that more than 36 million people there have been affected by one of the longest and most severe droughts in recent history. It is expected to continue well into next year. Millions more are facing crisis levels of hunger.
Even the most stable governments around the world are scrambling to mitigate the dangers of climate change. The situation is made far harder when politics is unstable. A civil war began in Ethiopia in November 2020. And while a ceasefire was struck last month, hundreds of thousands of civilians died or were injured in the violence. The fighting also threatened Ethiopia’s territorial integrity, and its diverse, ancient culture. It came as the country was battling Covid-19, drought, locust swarms and a food crisis.
Sudan, meanwhile, has been in political turmoil since the ousting of its former president Omar Al Bashir in 2019, despite his departure being a hugely important and positive development for the future of the country. His problematic rule might be gone, but economic turmoil and mass protests are not.
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Zahra Hussein (R), a nine-year-old Sudanese girl who dropped out of school for financial reasons, poses for a picture with her brother at their home in the village of Ed Moussa in Sudan's eastern state of Kassala, on September 27, 2022. - There are nearly seven million children in Sudan who no longer go to school, a victim of what aid agencies have warned is a "generational catastrophe". Children in the country have for years faced mounting difficulties gaining access to proper education, especially in rural areas. Sudan is already one of the world's poorest countries, plagued by political instability, droughts, hunger and conflict, with an adult literacy rate of only around 60 percent according to the World Bank. AFP -

Abukk Sebit, 25, looks from her balcony after working to help financially her family in Sudan, at Ain Shams district area in Cairo, Egypt September 13, 2022. Reuters -

Mostafa waits for the bus before leaving for Egypt in Khartoum, Sudan September 24, 2022. Reuters -

Abdalla Ibrahim, the Sudanese owner of a coffee shop and father of seven, looks on as he sits behind a pot on a fire in the village of Gosla in Sudan's eastern state of Kassala, on September 27, 2022. There are nearly seven million children in Sudan who no longer go to school, a victim of what aid agencies have warned is a "generational catastrophe". Children in the country have for years faced mounting difficulties gaining access to proper education, especially in rural areas. Sudan is already one of the world's poorest countries, plagued by political instability, droughts, hunger and conflict, with an adult literacy rate of only around 60 percent according to the World Bank. AFP -

Othman Abubakr, a Sudanese day labourer who has nine children, poses for a picture in the village of Wad Sharifai in Sudan's eastern state of Kassala on September 27, 2022. There are nearly seven million children in Sudan who no longer go to school, a victim of what aid agencies have warned is a "generational catastrophe". Children in the country have for years faced mounting difficulties gaining access to proper education, especially in rural areas. Sudan is already one of the world's poorest countries, plagued by political instability, droughts, hunger and conflict, with an adult literacy rate of only around 60 percent according to the World Bank. AFP -

Ohaj Soliman, a 43-year-old Sudanese day labourer who put his children to work, poses for a picture during an interview with AFP in the village of Gosla in Sudan's eastern state of Kassala, on September 27, 2022. There are nearly seven million children in Sudan who no longer go to school, a victim of what aid agencies have warned is a "generational catastrophe". Children in the country have for years faced mounting difficulties gaining access to proper education, especially in rural areas. Sudan is already one of the world's poorest countries, plagued by political instability, droughts, hunger and conflict, with an adult literacy rate of only around 60 percent according to the World Bank. AFP -

Malaz Al-Bakr Ibrahim, 23, who has worked as a babysitter in Egypt since 2020 because of the economic and political situation in Sudan, poses for a photograph at Ain Shams district area in Cairo, Egypt September 13, 2022. Reuters -

Abukk Sebit, 25 years old, poses with her children after working to help her family in Sudan financially at Ain Shams district area in Cairo, Egypt September 13, 2022. Reuters -

Abukk Sebit, 25 years old, prepares food before going to work to help her family in Sudan financially at Ain Shams district area in Cairo, Egypt September 13, 2022. Reuters -

General view of a Sudanese coffee shop, where the number of Sudanese clients has increased in recent years after the economic and political conditions in their country deteriorated, at Ain Shams district area in Cairo, Egypt September 13, 2022. Reuters -

Sudanese protesters rally against the October 2021 military coup which has led to deaths and scores of arrests of demonstrators, in Khartoum, Sudan, Monday, February 28, 2022. Since the coup, more than 80 people, mostly young men, have been killed and over 2,600 others injured in the protests, according to a Sudanese medical group. AP Photo -

A man flashes the victory sign during a protest to denounce the October 2021 military coup, in Khartoum, Sudan, Jan. 9, 2022. Since the coup, security forces launched a deadly crackdown on protesters. Many activists were taken from their homes or snatched from the streets, according to documents he provided to The Associated Press. Around 80 people, mostly young men, were killed and over 2,200 others were wounded in the protests since the coup, according to a Sundanese medical group. AP Photo -

A Sudanese protester holds a painting of a person who reportedly died in a previous rally during a protest, in Khartoum, Sudan, 20 January 2022. Sudanese protesters rallied against the killing of at least 70 protests in crackdown against pro-democracy since the beginning of the military coup on 25 October 2021. The protest was organized as the US Assistant Secretary of State Molly Phee and US special envoy for the Horn of Africa David Satterfield visit Khartoum to meet separately with pro-democracy activists and military leaders to put an end to the crisis in the country. EPA -

A boy draws on the street in front of a barricade during a two-day general strike and civil disobedience campaign in response to demonstrators' deaths against military takeover on October 25, 2021, in Khartoum, Sudan January 18, 2022. Reuters -

A Sudanese demonstrator waves a national flag during a protest against the October 2021 military coup, in the capital Khartoum, on January 13, 2022. The demonstrations which converged from several parts of Khartoum came only days after the United Nations launched a bid to facilitate talks between Sudanese factions. AFP -

Sudanese protesters take to the streets of the capital Khartoum as they rally against the October 2021 military coup, on January 13, 2022. The demonstrations which converged from several parts of Khartoum came only days after the United Nations launched a bid to facilitate talks between Sudanese factions. AFP -

Sudanese protesters take cover as security forces fire tear gas during clashes with security forces at an anti-coup protest, in Khartoum, Sudan, 09 January 2022. Security forces fired tear gas to disperse protesters gathering in Khartoum and attempting to march towards the presidential palace, as part of the continuing protesting movement against a military coup in October 2021. The protest was organized a day after the UN envoy for Sudan said the international group will invite different parties for talks in Sudan to end the crisis. EPA -

A Sudanese protester attempts to throw back a tear gas canister during clashes with security forces at an anti-coup protest, in Khartoum, Sudan, 09 January 2022. Security forces fired tear gas to disperse protesters gathering in Khartoum and attempting to march towards the presidential palace, as part of the continuing protesting movement against a military coup in October 2021. The protest was organized a day after the UN envoy for Sudan said the international group will invite different parties for talks in Sudan to end the crisis. EPA -

Sudanese protesters take cover during clashes with security forces at an anti-coup protest, in Khartoum, Sudan, 09 January 2022. Security forces fired tear gas to disperse protesters gathering in Khartoum and attempting to march towards the presidential palace, as part of the continuing protesting movement against a military coup in October 2021. The protest was organized a day after the UN envoy for Sudan said the international group will invite different parties for talks in Sudan to end the crisis. EPA -

Sudanese protesters take cover as security forces fire tear gas during clashes with security forces at an anti-coup protest, in Khartoum, Sudan, 09 January 2022. Security forces fired tear gas to disperse protesters gathering in Khartoum and attempting to march towards the presidential palace, as part of the continuing protesting movement against a military coup in October 2021. The protest was organized a day after the UN envoy for Sudan said the international group will invite different parties for talks in Sudan to end the crisis. EPA
And Somalia, one of the most impoverished countries in the world, is also one of the most vulnerable to terrorism. At the end of November, 14 people were killed in a hotel siege carried out by the Al Shabab terrorist group that once controlled the capital Mogadishu and continues to aspire to establish an extremist state in the country.
Tensions remain high in Ethiopia, a number of high-profile experts have consistently said that the conflict does not get as much attention as other wars and more than 5 million people face starvation because of fighting, according to the World Food Programme.
Terrorism has blighted Somalia for years and will be hard to root out, particularly as the government struggles with high levels of internally displaced people and ongoing political infighting.
But there are signs of hope in the region.
Ethiopia’s ceasefire, a result of mediation by the African Union, has a greater chance of lasting following reports on Sunday that most Tigrayan forces, who were fighting government troops, have withdrawn from front-line positions.
Sudan’s ruling military-civilian coalition, too, have signed an agreement. Many in the international community hope it will restore the country’s peaceful transition to civilian rule. The UAE, for one, welcomed the agreement of an initial political framework reached by Sudanese parties to complete the transitional period, with Afra Al Hameli, the director of strategic communications at the Ministry of Foreign Affairs and International Co-operation, expressing "aspirations for a peaceful and successful political transition in a way that enhances stability and brings prosperity and development to [Sudan's] people".
But much effort is needed to win the peace and secure a stable and prosperous future for Sudan’s people. Today, almost a million more people are in need of humanitarian assistance than last year. The overall number is at least, 14.3 million, according to Acaps, an NGO. This is the time to support the Sudanese people.
The leaders of the Horn of Africa should pursue the urgent priority of building political stability as soon as possible. Only then will the region be able to put its best foot forward in an uncertain, tough future. For now, all those who can should support the positive momentum witnessed in recent weeks.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
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Dubai College A 50-12 Dubai College B
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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.”
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How the UAE gratuity payment is calculated now
Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.
The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.
1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):
a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33
b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.
2. For those who have worked more than five years
c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.
Note: The maximum figure cannot exceed two years total salary figure.
MATCH INFO
Chelsea 0
Liverpool 2 (Mane 50', 54')
Red card: Andreas Christensen (Chelsea)
Man of the match: Sadio Mane (Liverpool)
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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MATCH INFO
Champions League last 16, first leg
Tottenham v RB Leipzig, Wednesday, midnight (UAE)
Drivers’ championship standings after Singapore:
1. Lewis Hamilton, Mercedes - 263
2. Sebastian Vettel, Ferrari - 235
3. Valtteri Bottas, Mercedes - 212
4. Daniel Ricciardo, Red Bull - 162
5. Kimi Raikkonen, Ferrari - 138
6. Sergio Perez, Force India - 68
Brief scores:
Pakistan (1st innings) 181: Babar 71; Olivier 6-37
South Africa (1st innings) 223: Bavuma 53; Amir 4-62
Pakistan (2nd innings) 190: Masood 65, Imam 57; Olivier 5-59
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
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APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
THE CLOWN OF GAZA
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Rating: 4/5
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
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The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
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New schools in Dubai
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F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
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WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
AndhaDhun
Director: Sriram Raghavan
Producer: Matchbox Pictures, Viacom18
Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan
Rating: 3.5/5
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Results:
6.30pm: Maiden Dh 165,000 1,400m.
Winner: Walking Thunder, Connor Beasley (jockey), Ahmad bin Harmash (trainer).
7.05pm: Handicap (rated 72-87) Dh 165,000 1,600m.
Winner: Syncopation, George Buckell, Doug Watson.
7.40pm: Maiden Dh 165,000 1,400m.
Winner: Big Brown Bear, Pat Dobbs, Doug Watson.
8.15pm: Handicap (75-95) Dh 190,000 1,200m.
Winner: Stunned, Pat Dobbs, Doug Watson.
8.50pm: Handicap (85-105) Dh 210,000 2,000m.
Winner: New Trails, Connor Beasley, Ahmad bin Harmash.
9.25pm: Handicap (75-95) Dh 190,000 1,600m.
Winner: Pillar Of Society, Pat Dobbs, Doug Watson.


