The UAE will see heavy rain and thunder at times over the coming days.
The National Centre of Meteorology said there will be rainfall of varying intensities, with possibly lightning and thunder over scattered areas of the country until Saturday.
It said the worst of the bad weather will affect the east and south, and extend towards some internal areas and the Al Dhafrah region.
In its forecast for Wednesday, the NCM said it will be fair to partly cloudy in general and dusty at times during the day.
Low clouds will appear over the east coast by morning, with a chance of rain by afternoon.
It will be humid on Wednesday night and Thursday morning over some western coastal areas, with a probability of mist formation.
According to global forecaster Windy, there will be stormy weather in Ras Al Khaimah, Hatta and parts of Fujairah around midday on Wednesday, which will clear by the afternoon.
NCM said Thursday will be partly cloudy, with low clouds again over the east coast by morning, with a chance of rain by the afternoon.
The winds will be fresh to strong at times, with clouds causing blowing dust and sand reducing visibility.
It will be humid on Thursday night and Friday morning over some coastal areas with a probability of mist formation.
The Windy maps for Thursday show the stormy conditions returning at around 2pm in Ras Al Khaimah and Fujairah.
By 3pm, it shows heavy rain reaching the west coast, including Abu Dhabi and Dubai. Much of the stormy conditions will clear by 6pm, according to Windy, apart from around Hatta and Fujairah, which will clear by 11pm.
Friday will be fair to partly cloudy in general, with a chance of rain in the afternoon in the east and south, extending to some internal areas. The winds will be fresh to strong at times, with clouds causing blowing dust and sand reducing visibility.
On Friday, the Windy maps show rain in Ras Al Khaimah, Abu Dhabi, Ain Ain and the Western region from 1pm onwards, which will clear by evening time.
Saturday will be fair to partly cloudy in general, with a chance of rain in the afternoon in the east and south. The light to moderate winds will freshen at times, causing blowing dust and sand.
On Sunday, it will be fair to partly cloudy, with a probability of rain in the east.
The weather bureau said the inclement weather is due to the Intertropical Convergence Zone affecting the region.
The ITCZ, which is a band of low pressure around the Earth which generally lies near the equator, is moving towards the south of the Emirates and is accompanied by movement of surface and upper low pressure from the south towards the north.
As a result, the flow of moist air mass from the Arabian Sea and Sea of Oman, along with the rise in temperatures during the daytime, will lead to the formation of rainy clouds.
The wind will be moderate and fresh to strong winds at times, particularly with rainy clouds, which will lead to blowing dust and sand and a reduction in visibility.
The rainy clouds are being caused by the movement of surface and upper low pressure from the south towards the north, coupled with the flow of moist air mass from the Arabian Sea and Sea of Oman towards the country, and the rise in temperatures during the daytime.
It was a wet start to the week for many in Dubai and Sharjah following stormy weather over the weekend.
Dubai authorities received more than 100 emergency calls during unstable weather on Saturday, as trees were felled by high winds and roads became waterlogged.
On Sunday, Dubai Municipality announced the temporary closure of public parks from 6pm “due to the prevailing weather”. The parks reopened on Monday.
Cricket World Cup League 2
UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs
UAE fixtures
Free admission. All fixtures broadcast live on icc.tv
Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium
BANGLADESH SQUAD
Mashrafe Mortaza (captain), Tamim Iqbal, Liton Das, Soumya Sarkar, Mushfiqur Rahim (wicketkeeper), Mahmudullah, Shakib Al Hasan (vice captain), Mohammad Mithun, Sabbir Rahaman, Mosaddek Hossain, Mohammad Saifuddin, Mehidy Hasan Miraz, Rubel Hossain, Mustafizur Rahman, Abu Jayed (Reporting by Rohith Nair in Bengaluru Editing by Amlan Chakraborty)
What is hepatitis?
Hepatitis is an inflammation of the liver, which can lead to fibrosis (scarring), cirrhosis or liver cancer.
There are 5 main hepatitis viruses, referred to as types A, B, C, D and E.
Hepatitis C is mostly transmitted through exposure to infective blood. This can occur through blood transfusions, contaminated injections during medical procedures, and through injecting drugs. Sexual transmission is also possible, but is much less common.
People infected with hepatitis C experience few or no symptoms, meaning they can live with the virus for years without being diagnosed. This delay in treatment can increase the risk of significant liver damage.
There are an estimated 170 million carriers of Hepatitis C around the world.
The virus causes approximately 399,000 fatalities each year worldwide, according to WHO.
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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.”
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Profile of Tarabut Gateway
Founder: Abdulla Almoayed
Based: UAE
Founded: 2017
Number of employees: 35
Sector: FinTech
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