Cloud cover and sunny spells across much of the country will keep temperatures slightly cooler than of late before a hot spell hits the UAE on Tuesday.
Peak temperatures will be 37°C in the capital today, and 36°C in Dubai – but could reach 43°C tomorrow and will feel more like 47°C, with 48 per cent humidity and 25 kilometre an hour northerly winds. Temperatures in Dubai are likely to reach 45°C by Wednesday.
It will be partly cloudy and hazy at times on Monday across the UAE, with a chance of fog and mist forming in some areas.
Overnight humidity is likely to top 70 per cent in Ras Al Khaimah, where it is expected to be hot and sunny for much of the week but it will feel slightly cooler at 36°C in eastern coastal areas.
Early morning traffic was flowing smoothly in Dubai and Sharjah, although a broken down truck on Sheikh Zayed Street in Abu Dhabi was blocking the right lane near Hazza bin Zayed Street with drivers advised to approach with caution.
newsdesk@thenational.ae
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The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
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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.
The Transfiguration
Director: Michael O’Shea
Starring: Eric Ruffin, Chloe Levine
Three stars
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