Water scarcity in Mena region is a threat we just cannot ignore


Nasser Saidi
  • English
  • Arabic

"You never miss the water 'til the well runs dry" is an old idiom that is becoming a harsh reality for the Middle East and North Africa region and globally. Water scarcity is now this century's imminent greatest problem, a clear and present danger.
This is no surprise considering 85 per cent of the world's population lives in the driest half of the planet. The United Nations estimates that, already, 6 to 8 million people die annually from the consequences of disasters and water-related diseases, with a child dying from a water-related illness every 21 seconds.
In developing countries, unsafe water causes 80 per cent of all illness and disease and kills more people every year than all forms of violence, including war. Things are set to get worse. Water availability is expected to decrease in most regions while, alone, future global agricultural water consumption is estimated to increase by 19 per cent by 2050.
Water availability and scarcity is not only costly in terms of human and other animals' life, it is also a growing economic challenge. The World Bank estimates the cost of adapting to the impacts of a 2°C rise in global average temperature could range from a conservative US$70 billion to $100bn per year between 2020 and 2050 and that between $13.7bn and $19.2bn of that amount would be related exclusively to water scarcity issues.
Nowhere is this problem felt more intensely than in the Mena region, one of the most water-scarce regions of the world. Although home to 6.3 per cent of the world's population (and growing), the region has access to only 1.4 per cent of the world's renewable fresh water (and declining). To make matters worse, the region currently exploits more than 75 per cent of its available renewable water resources because of its burgeoning population, increased urbanisation and rapid economic growth.
Global warming will compound the severity of water scarcity. Competition for water resources is becoming more intense, threatening to develop into "water wars". Better ecosystem and water management systems, improved water use efficiency and pricing, and investment in water infrastructure are all part of the answer. However for the Mena countries that have access to sea water, desalination is a critical component of the solution.
Indeed, in the richer countries of the Gulf water scarcity is mostly dealt with through desalination plants. However, current desalination solutions are costly, energy intensive and lead to environmental degradation. This is in large part because of the technology's reliance on fossil fuels.
This will only get worse with time as energy costs rise with competition for limited fossil fuel reserves and as hydrocarbons are likely in the future to be charged the additional costs of mandatory CO2 sequestration. There is a need to develop less polluting and more energy efficient desalination plants.
The answer is to wed renewable energy and desalination. Saudi Arabia has taken the lead with its announcement to develop and use solar-powered desalination plants. This is a wise strategic choice.
The World Bank commissioned multiple intensive background studies on environment and desalination to release its "Renewable Energy Desalination: An Emerging Solution to Close Mena's Water Gap" report. The report found that coupling renewable energy sources with desalination could provide win-win solution the region's water woes.
While marvelling at Mena's annual combined potential of wind power, biomass, geothermal and hydropower that equal about 830 trillion watt-hours, the report also pointed out the benefit of clean energy desalination. It was estimated that adoption of concentrating solar power (CSP) desalination would bring considerable environmental advantages.
An increased share of CSP-reverse osmosis desalination allied with the more efficient CSP thermal desalination would reduce annual brine production by nearly half (from 240 cubic kilometres to 140 cubic kilometres) as well as greatly reduce CO2 emissions. Switching to renewables for electricity needs overall has large benefits. Increasing renewable energy could cut Mena's annual CO2 emissions to 265 million tonnes as opposed to the 1,500 million tonnes by 2050 estimated to be produced with continued use of fossil fuels.
Renewables-based desalination should become a clear policy priority for addressing water scarcity in the Mena region. The Clean Energy Business Council is engaged in promoting the policies and technologies that can enable a smarter and cleaner energy infrastructure for the Mena region based on low-carbon renewables and energy efficiency. Our goal is to help create an energy ecosystem that is resource- efficient and does not contribute to climate change, while addressing not only the region's severe water scarcity but the related complications associated with polluting energy technologies.
Nasser Saidi is chairman of the Clean Energy Business Council

Essentials

The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours 
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.

Fight card

Preliminaries:

Nouredine Samir (UAE) v Sheroz Kholmirzav (UZB); Lucas Porst (SWE) v Ellis Barboza (GBR); Mouhmad Amine Alharar (MAR) v Mohammed Mardi (UAE); Ibrahim Bilal (UAE) v Spyro Besiri (GRE); Aslamjan Ortikov (UZB) v Joshua Ridgwell (GBR)

Main card:

Carlos Prates (BRA) v Dmitry Valent (BLR); Bobirjon Tagiev (UZB) v Valentin Thibaut (FRA); Arthur Meyer (FRA) v Hicham Moujtahid (BEL); Ines Es Salehy (BEL) v Myriame Djedidi (FRA); Craig Coakley (IRE) v Deniz Demirkapu (TUR); Artem Avanesov (ARM) v Badreddine Attif (MAR); Abdulvosid Buranov (RUS) v Akram Hamidi (FRA)

Title card:

Intercontinental Lightweight: Ilyass Habibali (UAE) v Angel Marquez (ESP)

Intercontinental Middleweight: Amine El Moatassime (UAE) v Francesco Iadanza (ITA)

Asian Featherweight: Zakaria El Jamari (UAE) v Phillip Delarmino (PHI)

ICC Women's T20 World Cup Asia Qualifier 2025, Thailand

UAE fixtures
May 9, v Malaysia
May 10, v Qatar
May 13, v Malaysia
May 15, v Qatar
May 18 and 19, semi-finals
May 20, final

ENGLAND SQUAD

For first two Test in India Joe Root (captain), Jofra Archer, Moeen Ali, James Anderson , Dom Bess, Stuart Broad , Rory Burns, Jos Buttler, Zak Crawley, Ben Foakes, Dan Lawrence, Jack Leach, Dom Sibley, Ben Stokes, Olly Stone, Chris Woakes. Reserves James Bracey, Mason Crane, Saqib Mahmood, Matthew Parkinson, Ollie Robinson, Amar Virdi.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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.”

Shubh Mangal Saavdhan
Directed by: RS Prasanna
Starring: Ayushmann Khurrana, Bhumi Pednekar

Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

Nepotism is the name of the game

Salman Khan’s father, Salim Khan, is one of Bollywood’s most legendary screenwriters. Through his partnership with co-writer Javed Akhtar, Salim is credited with having paved the path for the Indian film industry’s blockbuster format in the 1970s. Something his son now rules the roost of. More importantly, the Salim-Javed duo also created the persona of the “angry young man” for Bollywood megastar Amitabh Bachchan in the 1970s, reflecting the angst of the average Indian. In choosing to be the ordinary man’s “hero” as opposed to a thespian in new Bollywood, Salman Khan remains tightly linked to his father’s oeuvre. Thanks dad. 

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Seven tips from Emirates NBD

1. Never respond to e-mails, calls or messages asking for account, card or internet banking details

2. Never store a card PIN (personal identification number) in your mobile or in your wallet

3. Ensure online shopping websites are secure and verified before providing card details

4. Change passwords periodically as a precautionary measure

5. Never share authentication data such as passwords, card PINs and OTPs  (one-time passwords) with third parties

6. Track bank notifications regarding transaction discrepancies

7. Report lost or stolen debit and credit cards immediately

MATCH INFO

Rajasthan Royals 158-8 (20 ovs)
Kings XI Punjab 143/7 (20 ovs)

Rajasthan Royals won by 15 runs

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