ABU DHABI // It might be a good idea to take an umbrella with you if heading outside on Sunday as forecasters are predicting rain accompanied by cooler temperatures.
The National Centre of Meteorology and Seismology said partly cloudy skies during the day will increase gradually leading to a chance of rain in the evening over scattered areas and a “significant fall in temperatures.”
Light to moderate winds during the day may blow up dust and sand at times, especially in the west of the country. In the evening, the wind will strengthen to between 30 and 50 kph.
Expect the sea to be “rough to very rough” in the Arabian Gulf and moderate to rough in the Oman Sea, said the centre.
In the capital temperatures will range between 27C to 15C. Dubai’s high is expected to hit 26C and a low of 16C. The coolest temperatures are forecast for Ras Al Khaimah, which will see a high of 27C and a low of 11C on Sunday.
newsdesk@thenational.ae
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What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
More from Neighbourhood Watch:
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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BORDERLANDS
Starring: Cate Blanchett, Kevin Hart, Jamie Lee Curtis
Director: Eli Roth
Rating: 0/5