Alvin Williams checks on his smartphone while taking a shelter at Gallery Furniture store which opened its door and transformed into a warming station after winter weather caused electricity blackouts in Houston, Texas, on February 17, 2021. Reuters
Alvin Williams checks on his smartphone while taking a shelter at Gallery Furniture store which opened its door and transformed into a warming station after winter weather caused electricity blackouts in Houston, Texas, on February 17, 2021. Reuters
Alvin Williams checks on his smartphone while taking a shelter at Gallery Furniture store which opened its door and transformed into a warming station after winter weather caused electricity blackouts in Houston, Texas, on February 17, 2021. Reuters
Alvin Williams checks on his smartphone while taking a shelter at Gallery Furniture store which opened its door and transformed into a warming station after winter weather caused electricity blackouts

No end in sight as millions in Texas brave record cold without power and water


Patrick deHahn
  • English
  • Arabic

Texas Governor Greg Abbott held his first briefing on the winter weather crisis three days after millions lost power and access to running water, as a large weekend storm swept through the south-east.

More than 2.6 million residents of the second largest American state were without electricity as of Wednesday afternoon, electricity tracker PowerOutage.US said.

Mr Abbott said 1.2 million Texans had their electricity restored and hundreds of thousands more would soon come back "online".

The freezing weather led to the bursting of pipes not built to withstand such temperatures, leaving many with damaged and flooded homes and a lack of running water.

More than 30 deaths have been linked to the events after the storm that hit the south-east, bringing extremely low temperatures, ice and snow.

Some include deaths caused by carbon monoxide poisoning from attempts to stay warm.

And Texas and the south-eastern region are not yet in the clear.

"Another round of precipitation will be coming across the state in the next 24 hours," Mr Abbot said.

The National Weather Service issued another winter storm warning, saying there may be ice accumulating on Wednesday night into Thursday, adding to the crisis.

Frigid temperatures are forecast to continue for a couple days into the weekend. Mr Abbott said they might rise above freezing some time on Saturday.

It is rare for severe cold weather to hit the southern state. Many of its largest cities have recorded their lowest temperatures in decades.

The wind chill in some instances has knocked temperatures below zero in the northern part of the state.

Homes and buildings are generally not built with insulation to fend off freezing temperatures, leading to increased pressure on electricity systems and to power cuts.

There is growing criticism against grid operator Electric Reliability Council of Texas, or Ercot, which controls 90 per cent of the state's power.

Ercot does not know when full power will be restored across the state, The Dallas Morning News  reported.

"We know millions of people are suffering," Bill Magness, Ercot's president and chief executive, said on Wednesday.

"We have no other priority than getting them electricity. No other priority."

The White House said Federal Emergency Management Agency agents were travelling to the state with generators and fuel.

"It has supplied generators to Texas and is preparing to move diesel into the state to ensure the continued availability of backup power which, of course, is a major issue on the ground, to key critical infrastructure including communications, hospitals and water," White House press secretary Jen Psaki said.

President Joe Biden also made an emergency declaration over the situation in Texas this week.

Meanwhile, Mr Abbott is facing backlash over comments he made on Tuesday night.

On Fox News, he falsely blamed clean energy for the power cuts, after telling a local radio station that natural gas was frozen in pipelines.

“Every source of power the state of Texas has access to has been compromised because of temperature or equipment failures," Mr Abbott clarified on Wednesday.

Ercot said all energy sources were suffering because of the historically low temperatures.

  • Pump jacks operate in the Permian Basin in Midland, Texas. The Arctic freeze gripping the central US is raising the spectre of power cuts in the state and placing pressure on energy already trading at record prices. Bloomberg
    Pump jacks operate in the Permian Basin in Midland, Texas. The Arctic freeze gripping the central US is raising the spectre of power cuts in the state and placing pressure on energy already trading at record prices. Bloomberg
  • Brett Archibad entertains his family as they try to stay warm in their home the Blackhawk district in Pflugerville, Texas. Anger about the state’s power grid failure mounted on Tuesday. AP
    Brett Archibad entertains his family as they try to stay warm in their home the Blackhawk district in Pflugerville, Texas. Anger about the state’s power grid failure mounted on Tuesday. AP
  • Howard and Nena Mamu eat dinner at their home in the Glenwood district in Hutto, Texas. AP
    Howard and Nena Mamu eat dinner at their home in the Glenwood district in Hutto, Texas. AP
  • People queue to buy food at a petrol station in Pflugerville, Texas. Most homes in the area had been without electricity for nearly eight hours. Power companies performed rotating cuts to protect the grid. AP
    People queue to buy food at a petrol station in Pflugerville, Texas. Most homes in the area had been without electricity for nearly eight hours. Power companies performed rotating cuts to protect the grid. AP
  • People queue to fill their empty propane tanks in Houston. The temperature stayed below freezing on Tuesday. AP
    People queue to fill their empty propane tanks in Houston. The temperature stayed below freezing on Tuesday. AP
  • Christopher Harris, left, his wife Novi and their daughter Keeva occupy an office suite at a pop-up warming centre in Richardson, Texas. It is one of seven such places in the city, offering a place to keep warm and charge devices. AP
    Christopher Harris, left, his wife Novi and their daughter Keeva occupy an office suite at a pop-up warming centre in Richardson, Texas. It is one of seven such places in the city, offering a place to keep warm and charge devices. AP
  • Freezer sections are closed off at Fiesta supermarket on February 16, 2021, in Houston, Texas. Winter storm Uri brought historic cold weather, power cuts and traffic accidents to Texas as storms swept through 26 states. AFP
    Freezer sections are closed off at Fiesta supermarket on February 16, 2021, in Houston, Texas. Winter storm Uri brought historic cold weather, power cuts and traffic accidents to Texas as storms swept through 26 states. AFP
  • Shell Timewise service station in Pflugerville, Texas, turned away people who needed petrol. Most homes in the area were without power for nearly eight hours. AP
    Shell Timewise service station in Pflugerville, Texas, turned away people who needed petrol. Most homes in the area were without power for nearly eight hours. AP
  • The grounds of the Capitol in Austin, Texas, are covered in snow. AP
    The grounds of the Capitol in Austin, Texas, are covered in snow. AP
  • A car park is covered in snow at DIY store Home Depot in the Westbury district in Houston. A winter storm that is making its way from America’s southern plains to the northeast is affecting air travel. AP
    A car park is covered in snow at DIY store Home Depot in the Westbury district in Houston. A winter storm that is making its way from America’s southern plains to the northeast is affecting air travel. AP
  • The Trinity River is mostly frozen after a snow storm in Fort Worth. A frigid blast of winter weather across the US has left more than two million people in Texas without power. AP
    The Trinity River is mostly frozen after a snow storm in Fort Worth. A frigid blast of winter weather across the US has left more than two million people in Texas without power. AP
  • Annie Boon, 5, creates a snow angel while sledging with her family in Austin. AP
    Annie Boon, 5, creates a snow angel while sledging with her family in Austin. AP
  • People play in the snow in Butler Park in Austin. AP
    People play in the snow in Butler Park in Austin. AP
  • A worker clears snow from a car park in Midland, Texas. Blackouts triggered by frigid weather have spread to more than four million homes and businesses across the central US and parts of Mexico. Bloomberg
    A worker clears snow from a car park in Midland, Texas. Blackouts triggered by frigid weather have spread to more than four million homes and businesses across the central US and parts of Mexico. Bloomberg
  • Francisco Sanchez wipes snow off his car with a boogie board before going out sledging with his kids at Memorial Park in El Paso, Texas. Reuters
    Francisco Sanchez wipes snow off his car with a boogie board before going out sledging with his kids at Memorial Park in El Paso, Texas. Reuters
  • Horses wait for the ice in their trough to be broken in Bastrop county, near Austin, Texas. Reuters
    Horses wait for the ice in their trough to be broken in Bastrop county, near Austin, Texas. Reuters
  • Mia Donjuan, 4, falls off her sledge as she slides down a hill in the Elmwood district of Dallas. AP
    Mia Donjuan, 4, falls off her sledge as she slides down a hill in the Elmwood district of Dallas. AP
  • Baylor University students enjoy their snow day without classes while posing near a fountain on campus in Waco, Texas. AP
    Baylor University students enjoy their snow day without classes while posing near a fountain on campus in Waco, Texas. AP
  • Pedestrians walk on along a snow-covered street in Austin. Winter storm Uri has brought unusual cold to Texas, causing traffic delays and power cuts. Storms have swept across 26 states. AFP
    Pedestrians walk on along a snow-covered street in Austin. Winter storm Uri has brought unusual cold to Texas, causing traffic delays and power cuts. Storms have swept across 26 states. AFP
  • Honey Russell clears the pavement outside her home after heavy snowfall in Fort Worth, Texas. Winter storm Uri has brought freezing weather to Texas. AFP
    Honey Russell clears the pavement outside her home after heavy snowfall in Fort Worth, Texas. Winter storm Uri has brought freezing weather to Texas. AFP
  • People push a car free after spinning out in the snow in Waco, Texas. A winter storm that brought snow and ice across the southern Plains stretched its frigid fingers down to the Gulf Coast. AP
    People push a car free after spinning out in the snow in Waco, Texas. A winter storm that brought snow and ice across the southern Plains stretched its frigid fingers down to the Gulf Coast. AP
  • A woman walks through falling snow in San Antonio. AP
    A woman walks through falling snow in San Antonio. AP
  • Two people play in the snow in San Antonio. AP
    Two people play in the snow in San Antonio. AP
  • Snow ploughs clear a lane of the I-30 motorway in Dallas. The Nashville Predators and the Dallas Stars NHL hockey game on Monday was postponed at the request of Dallas Mayor Eric Johnson owing to a power shortage. AP
    Snow ploughs clear a lane of the I-30 motorway in Dallas. The Nashville Predators and the Dallas Stars NHL hockey game on Monday was postponed at the request of Dallas Mayor Eric Johnson owing to a power shortage. AP
  • The sun sets as a lone vehicle sits in a snow-covered parking garage at American Airlines Centre. AP
    The sun sets as a lone vehicle sits in a snow-covered parking garage at American Airlines Centre. AP
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How Islam's view of posthumous transplant surgery changed

Transplants from the deceased have been carried out in hospitals across the globe for decades, but in some countries in the Middle East, including the UAE, the practise was banned until relatively recently.

Opinion has been divided as to whether organ donations from a deceased person is permissible in Islam.

The body is viewed as sacred, during and after death, thus prohibiting cremation and tattoos.

One school of thought viewed the removal of organs after death as equally impermissible.

That view has largely changed, and among scholars and indeed many in society, to be seen as permissible to save another life.

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

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.”

SPEC SHEET

Display: 10.9" Liquid Retina IPS, 2360 x 1640, 264ppi, wide colour, True Tone, Apple Pencil support

Chip: Apple M1, 8-core CPU, 8-core GPU, 16-core Neural Engine

Memory: 64/256GB storage; 8GB RAM

Main camera: 12MP wide, f/1.8, Smart HDR

Video: 4K @ 25/25/30/60fps, full HD @ 25/30/60fps, slo-mo @ 120/240fps

Front camera: 12MP ultra-wide, f/2.4, Smart HDR, Centre Stage; full HD @ 25/30/60fps

Audio: Stereo speakers

Biometrics: Touch ID

I/O: USB-C, smart connector (for folio/keyboard)

Battery: Up to 10 hours on Wi-Fi; up to 9 hours on cellular

Finish: Space grey, starlight, pink, purple, blue

Price: Wi-Fi – Dh2,499 (64GB) / Dh3,099 (256GB); cellular – Dh3,099 (64GB) / Dh3,699 (256GB)

No.6 Collaborations Project

Ed Sheeran (Atlantic)

Three trading apps to try

Sharad Nair recommends three investment apps for UAE residents:

  • For beginners or people who want to start investing with limited capital, Mr Nair suggests eToro. “The low fees and low minimum balance requirements make the platform more accessible,” he says. “The user interface is straightforward to understand and operate, while its social element may help ease beginners into the idea of investing money by looking to a virtual community.”
  • If you’re an experienced investor, and have $10,000 or more to invest, consider Saxo Bank. “Saxo Bank offers a more comprehensive trading platform with advanced features and insight for more experienced users. It offers a more personalised approach to opening and operating an account on their platform,” he says.
  • Finally, StashAway could work for those who want a hands-off approach to their investing. “It removes one of the biggest challenges for novice traders: picking the securities in their portfolio,” Mr Nair says. “A goal-based approach or view towards investing can help motivate residents who may usually shy away from investment platforms.”
Iftar programme at the Sheikh Mohammed Centre for Cultural Understanding

Established in 1998, the Sheikh Mohammed Centre for Cultural Understanding was created with a vision to teach residents about the traditions and customs of the UAE. Its motto is ‘open doors, open minds’. All year-round, visitors can sign up for a traditional Emirati breakfast, lunch or dinner meal, as well as a range of walking tours, including ones to sites such as the Jumeirah Mosque or Al Fahidi Historical Neighbourhood.

Every year during Ramadan, an iftar programme is rolled out. This allows guests to break their fast with the centre’s presenters, visit a nearby mosque and observe their guides while they pray. These events last for about two hours and are open to the public, or can be booked for a private event.

Until the end of Ramadan, the iftar events take place from 7pm until 9pm, from Saturday to Thursday. Advanced booking is required.

For more details, email openminds@cultures.ae or visit www.cultures.ae

 

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 
THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

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TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues

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Results

2.15pm: Maiden (PA) Dh40,000 1,700m; Winner: AF Arrab, Antonio Fresu (jockey), Ernst Oertel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,700m; Winner: AF Mahaleel, Antonio Fresu, Ernst Oertel.

3.15pm: Sheikh Ahmed bin Rashid Al Maktoum handicap (TB) Dh200,000 2,000m; Winner: Dolmen, Richard Mullen, Satish Seemar.

3.45pm: Handicap (PA) Dh40,000 1,200m; Winner: Amang Alawda, Sandro Paiva, Bakhit Al Ketbi.

4.15pm: The Crown Prince of Sharjah Cup Prestige (PA) Dh200,000 1,200m; Winner: AF Alwajel, Tadhg O’Shea, Ernst Oertel.

4.45pm: Handicap (PA) Dh40,000 2,000m; Winner: Al Jazi, Jesus Rosales, Eric Lemartinel.