The UAE is gearing up for another scorching summer as the mercury is set to hit nearly 50°C this week.
The National Centre of Meteorology has forecast an increase in temperatures across the Emirates, with more fog to roll in.
The forecaster issued an alert over low visibility, in place until 9am, over low visibility in parts of the county caused by the morning fog.
The weather bureau, in its latest five-day bulletin, said temperatures would hover around the mid to late 40s in Abu Dhabi and Dubai for much of the week, peaking at 48°C in the capital on Sunday.
Temperatures are expected to reach 47°C in Al Ain on Wednesday, and will top 40°C in both Abu Dhabi and Dubai.
Humidity on the rise
The NCM said humidity could hit 100 per cent in Sweihan, in Al Ain, on Wednesday.
A 100 per cent reading means the air is totally saturated and is no longer able to absorb moisture, even human sweat, and this disrupts our cooling process.
These sticky conditions are largely caused by warmer seas, which increases evaporation, while hotter temperatures on land means the air absorbs more water.
Humidity levels could reach 95% in Abu Dhabi on Saturday, but are expected to be lower in Dubai.
Thursday's temperatures are set to reach highs of 44°C in Abu Dhabi and 43°C in Dubai.
Fog and mist are expected, while light to moderate winds will blow dust during the day with a speed of 40kph.
On the coast, temperatures will rise up to 44°C with lows of 26°C. Winds will reach up to 40kph.
There will be some humidity on Friday with a possibility of fog and mist, as well as dust. The sea will be moderate in the Arabian Gulf and rough by morning.
Temperatures will reach 47°C in Abu Dhabi on Friday, while in Dubai it will peak at 46°C.
The mercury is set to reach 48°C in Al Quaa, in the western region of Abu Dhabi, on Saturday.
However, some respite is due in Dubai as temperatures drop to 30°C and to 32°C in Abu Dhabi on Saturday evening.
It is not the first time the UAE has experienced scorching temperatures as it approaches the summer months.
Last year, temperatures approached 50°C in Abu Dhabi's western region of Al Dhafra. It was one of five areas in the country where temperatures reached at least 49°C during the day.
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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