• 1. Doha, Qatar - Temperatures reached 45°C on Thursday. AFP
    1. Doha, Qatar - Temperatures reached 45°C on Thursday. AFP
  • 2. Kuwait City, Kuwait - The mercury rose to 42°C on Thursday but last week it broke the 50°C level. Reuters
    2. Kuwait City, Kuwait - The mercury rose to 42°C on Thursday but last week it broke the 50°C level. Reuters
  • 3. Riyadh, Saudi Arabia - Well used to warm weather, it was hot in the kingdom's capital on Thursday, with temperatures at 42°C. Photo: Reuters
    3. Riyadh, Saudi Arabia - Well used to warm weather, it was hot in the kingdom's capital on Thursday, with temperatures at 42°C. Photo: Reuters
  • 4. Lahore, Pakistan - The hot and sweaty season is in full swing in the city. AFP
    4. Lahore, Pakistan - The hot and sweaty season is in full swing in the city. AFP
  • 5. Islamabad, Pakistan - Temperatures reached 41°C in the capital on Thursday. Reuters
    5. Islamabad, Pakistan - Temperatures reached 41°C in the capital on Thursday. Reuters
  • 6. Abu Dhabi, United Arab Emirates - Temperatures reached 40°C on Thursday. AP
    6. Abu Dhabi, United Arab Emirates - Temperatures reached 40°C on Thursday. AP
  • 7. New Delhi, India - A construction worker walks across a mirage created on a road following a heat wave, in New Delhi in May. It was 40°C on Thursday. AP
    7. New Delhi, India - A construction worker walks across a mirage created on a road following a heat wave, in New Delhi in May. It was 40°C on Thursday. AP
  • 8. Baghdad, Iraq - A picture taken earlier this month shows traffic during a sand storm that hit the Iraqi capital. It was 40°C in the city on Thursday. AFP
    8. Baghdad, Iraq - A picture taken earlier this month shows traffic during a sand storm that hit the Iraqi capital. It was 40°C in the city on Thursday. AFP
  • 9. Tashkent, Uzbekistan - The mercury rose to 37°C on Thursday. Bloomberg
    9. Tashkent, Uzbekistan - The mercury rose to 37°C on Thursday. Bloomberg
  • 10. Kolkata, India - Temperatures often rise to the mid-40s in India during the summer and it was 35°C in Kolkata on Thursday. EPA
    10. Kolkata, India - Temperatures often rise to the mid-40s in India during the summer and it was 35°C in Kolkata on Thursday. EPA

The 10 hottest cities in the world today


Kelly Clarke
  • English
  • Arabic

Across the globe, hot days are getting hotter and more frequent, though some regions have been hit harder by the soaring temperatures than others.

In the Middle East, residents are used to seeing the mercury rise above the 50°C mark, for a few days at least, in the peak of the summer.

Just last week, temperatures in Kuwait broke the 50°C threshold, making it the hottest place on earth.

Last year in the UAE on an afternoon in early June, residents living in the Sweihan area of Al Ain had to cool off indoors as the temperature soared to 51.8°C.

And nearly 20 years ago to this day in 2002, the UAE’s temperature reached its highest on record - a sweltering 52.1°C.

Recorded inland, away from the breezy coast, weather forecasters were forced to send advisories to residents to take shade and drink plenty of fluids to keep safe during the bout of hot weather.

Heat rising globally

Record-high temperatures in the summer are commonplace now as the atmosphere continues to hold on to increasing amounts of heat. As global warming continues to accelerate at an alarming rate, it isn't likely to change any time soon.

This week, Spain was hit with its first heatwave of the year - and highest temperature for the time of the year in over a decade - when temperatures climbed above 40°C in some areas of the country. And in the UK, a nation usually fraught with grey skies and rain, residents were out in their droves as the mercury rose to the early thirties during the hottest day of the year so far.

Here, The National has listed the top 10 hottest cities around the world as per the recorded temperatures on Thursday at noon local time. Temperatures forecast for the western world were taken into account.

Hottest cities in the world:

Doha, Qatar - 45°C

Kuwait City, Kuwait - 42°C

Riyadh, Saudi Arabia – 42°C

Lahore, Pakistan - 41°C

Islamabad, Pakistan – 41°C

Abu Dhabi in United Arab Emirates - 40°C

New Delhi, India – 40°C

Baghdad, Iraq – 40°C

Tashkent, Uzbekistan – 37°C

Kolkata, India - 35°C

source: timeanddate.com

UAE currency: the story behind the money in your pockets
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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.”

Updated: June 17, 2022, 10:30 AM